Realogy Holdings (RLGY): Price Target and June Short Interest Disclosure

Realogy Holdings (RLGY) : 7 Wall Street analysts covering Realogy Holdings (RLGY) believe that the average level the stock could reach for the short term is $42.5. The maximum price target given is $51 and the minimum target for short term is around $34, hence the standard deviation is calculated at $5.89.

Realogy Holdings (RLGY), A reduction of 557,703 shares or 14.9% was observed in the short interest of Realogy Holdings Corp. The interest on June 30,2016 came in at 3,182,672 shares and as per the average daily trading of 1,921,684 shares, the days to cover are 2. The reduced interest is 2.2% of the floated shares. The data of June 15,2016 put the interest at 3,740,375 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 12th.

Also, In a research note released to the investors, Citigroup maintains its rating on Realogy Holdings (NYSE:RLGY).The analysts at the brokerage house have a current rating of Buy on the shares. In a recent information released to the investors, Citigroup maintains the price target of $47 per share. The rating by the firm was issued on June 2, 2016.


Realogy Holdings (NYSE:RLGY): stock turned positive on Thursday. Though the stock opened at $29.61, the bulls momentum made the stock top out at $30.08 level for the day. The stock recorded a low of $29.49 and closed the trading day at $29.76, in the green by 1.71%. The total traded volume for the day was 1,967,708. The stock had closed at $29.26 in the previous days trading.

Realogy Holdings Corp. is a franchisor of residential real estate brokerages and a provider of outsourced employee relocation, and title and settlement services in the United States. The Company has four operating segments: Real Estate Franchise Services (RFG), Company Owned Real Estate Brokerage Services (NRT), Relocation Services (Cartus), and Title and Settlement Services (TRG). The RFG segment is a franchisor of residential real estate brokerage services. The NRT segment owns and operates a residential real estate brokerage business in the United States. The Cartus segment provides outsourced employee relocation services. The TRG segment provides full-service title and settlement services to its clients. The Companys portfolio of brokerage brands includes Century 21, Coldwell Banker, Coldwell Banker Commercial, ERA, Sothebys International Realty, Better Homes and Gardens Real Estate, The Corcoran Group, ZipRealty and Citi Habitats.

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