Lennar Corporation with ticker code (LEN) now have 16 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 154 and 75 with the average target price sitting at 114.69. With the stocks previous close at 65.65 this would imply there is a potential upside of 74.7%. There is a 50 day moving average of 76.14 while the 200 day moving average is 93.09. The market capitalisation for the company is $20,501m. You can visit the company’s website by visiting: https://www.lennar.com
The potential market cap would be $35,814m based on the market concensus.
Lennar Corporation, together with its subsidiaries, operates as a homebuilder primarily under the Lennar brand in the United States. It operates through Homebuilding East, Homebuilding Central, Homebuilding Texas, Homebuilding West, Financial Services, Multifamily, and Lennar Other segments. The company’s homebuilding operations include the construction and sale of single-family attached and detached homes, as well as the purchase, development, and sale of residential land; and development, construction, and management of multifamily rental properties. It also offers residential mortgage financing, title insurance, and closing services for home buyers and others, as well as originates and sells securitization commercial mortgage loans. In addition, the company is involved in the fund investment activity. It primarily serves first-time, move-up, active adult, and luxury homebuyers. Lennar Corporation was founded in 1954 and is based in Miami, Florida.
