Realogy Holdings (RLGY) : 5 brokerage houses believe that Realogy Holdings (RLGY) is a Strong Buy at current levels. 2 Analyst considers the fundamentals to be worthy of a Buy recommendation. 1 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Realogy Holdings (RLGY). Zacks Investment Research suggests a Sell with a rank of 4.The median of all the 8 Wall Street Analysts endorse the stock as a Strong Buy with a rating of 1.5.
Realogy Holdings (RLGY) : 7 investment research analysts covering Realogy Holdings (RLGY) have an average price target of $41.5 for the near short term. The highest target price given by the Brokerage Firm to the stock is $51 and the lowest target is $32 for the short term. Analysts expect the variance to be within $6.05 of the average price.
For the current week, the company shares have a recommendation consensus of Buy. Realogy Holdings (NYSE:RLGY): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $26.95 and $26.80 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $27.25. The buying momentum continued till the end and the stock did not give up its gains. It closed at $27.18, notching a gain of 1.15% for the day. The total traded volume was 1,111,636 . The stock had closed at $26.87 on the previous day.
In a related news, Williams Michael J, director of Realogy Holdings Corp., executed a transaction worth $76,775 on May 11, 2016. A total of 2,500 shares were purchased at an average price of $30.71. The Insider information was divulged by the Securities and Exchange Commission in a Form 4 filing. The information is based on open market trades at the market prices.Option exercises are not covered.
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.