Realogy Holdings (RLGY) Receives Price Target

Realogy Holdings (RLGY) : The consensus price target for Realogy Holdings (RLGY) is $37.5 for the short term with a standard deviation of $3.84. The most optimist securities analyst among the 5 who monitor the stock believes that the stock can reach $42, however, the pessimist price target for the company is $32.

Realogy Holdings (RLGY) : Zacks Investment Research ranks Realogy Holdings (RLGY) as 4, which is a Sell recommendation. 5 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 2 other analysts are mildly bullish on the stock and favor a Buy. The average broker rating of 7 research analysts is 1.29, which indicates as a Strong Buy.


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 lowers the new price target from $47 per share to $43 per share. The rating by the firm was issued on August 22, 2016.

Realogy Holdings (NYSE:RLGY): The stock opened at $26.84 on Thursday but the bulls could not build on the opening and the stock topped out at $27.03 for the day. The stock traded down to $26.26 during the day, due to lack of any buying support eventually closed down at $26.47 with a loss of -1.38% for the day. The stock had closed at $26.84 on the previous day. The total traded volume was 1,303,901 shares.

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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