Lennar Corporation – Consensus Says Potential Rise of 27.5%
Lennar Corporation with ticker code (LEN) now have 12 analysts covering the stock. Analyst consensus indicates a âBuyâ rating. The target price ranges between 166 and 102 and has an average target of 120.17. Now, with the previous closing price of 94.28, this now indicates that there is a potential upside of 27.5%. The 50-day moving average is now at 99.68 and the 200-day moving average is now 100.57. The company has a market capitalization of $ 28,767 million. You can visit the company’s website by visiting: http://www.lennar.com
Lennar Corporation, along with its subsidiaries, operates as a home builder primarily under the Lennar brand in the United States. It operates through the Homebuilding East, Homebuilding Central, Homebuilding Texas, Homebuilding West, Financial Services, Multifamily and Lennar Other segments. The company’s homebuilding activities include the construction and sale of semi-detached and detached single-family homes, as well as the purchase, development and sale of residential land. It primarily sells single-family attached and detached homes in communities geared towards first-time buyers, people moving, working adults, and luxury home buyers. The company also provides residential mortgage financing, title insurance and closing services for home buyers and others. In addition, he participates in the investment activity of the fund; and creates and sells commercial mortgage loan securitizations. In addition, the company develops, builds and manages multi-family rental properties. Lennar Corporation was founded in 1954 and is headquartered in Miami, Florida.
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