Realogy Holdings Corp (RLGY) is Reiterated by Compass Point to Buy, Lowers Price Target to $ 35

Realogy Holdings Corp (RLGY) was Reiterated by Compass Point to “Buy” while Lowering the Price Target of the company shares to $ 35 from a previous price target of $40 . Compass Point advised their investors in a research report released on Aug 5, 2016.

Many Wall Street Analysts have commented on Realogy Holdings Corp. Realogy Holdings Corp was Upgraded by Keefe Bruyette to ” Outperform” on Jul 25, 2016. Company shares were Upgraded by Compass Point on May 13, 2016 to ” Buy”, Firm has raised the Price Target to $ 40 from a previous price target of $35 .

On the company’s financial health, Realogy Holdings Corp reported $0.74 EPS for the quarter, missing the analyst consensus estimate by $ -0.04 based on the information available during the earnings call on Aug 4, 2016. Analyst had a consensus of $0.78. The company had revenue of $1662.00 million for the quarter, compared to analysts expectations of $1713.30 million. The company’s revenue was up .7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.66 EPS.

Realogy Holdings Corp closed down -4.46 points or -14.58% at $26.14 with 98,82,164 shares getting traded on Thursday. Post opening the session at $28.11, the shares hit an intraday low of $25.91 and an intraday high of $28.13 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.

In a different news, on May 12, 2016, Michael J Williams (director) purchased 2,500 shares at $30.71 per share price. According to the SEC, on Mar 2, 2016, Duncan L Niederauer (director) purchased 6,950 shares at $31.99 per share price. On Sep 10, 2015, Anthony E Hull (CFO) purchased 2,500 shares at $40.40 per share price, according to the Form-4 filing with the securities and exchange commission.

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 Company’s portfolio of brokerage brands includes Century 21 Coldwell Banker Coldwell Banker Commercial ERA Sotheby’s International Realty Better Homes and Gardens Real Estate The Corcoran Group ZipRealty and Citi Habitats.

Realogy Holdings Corp

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