Toll Brothers (TOL) : 9 analysts are covering Toll Brothers (TOL) and their average rating on the stock is 1.89, which is read as a Buy. 5 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. A total of 4 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.
Toll Brothers (TOL) : 6 investment research analysts covering Toll Brothers (TOL) have an average price target of $38 for the near short term. The highest target price given by the Brokerage Firm to the stock is $42 and the lowest target is $35 for the short term. Analysts expect the variance to be within $2.83 of the average price.
Also, Keefe Bruyette & Woods maintains its rating on Toll Brothers (NYSE:TOL). The global brokerage major raises the current price target from $34 per share to $35 per share. Analysts at the Keefe Bruyette & Woods have a current rating of Market Perform on the shares. The rating by the firm was issued on August 24, 2016.
Toll Brothers (NYSE:TOL): After opening at $29.01, the stock dipped to an intraday low of $28.95 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $29.8 and the buying power remained strong till the end. The stock closed at $29.68 for the day, a gain of 2.45% for the day session. The total traded volume was 3,769,530. The stocks close on the previous trading day was $28.97.
Toll Brothers, Inc., is a property development company. The Company is engaged in designing, building, marketing and arranging finance for detached and attached homes in luxury residential communities. The Company caters to move-up, empty-nester, active-adult, age-qualified and second-home buyers in the United States. The Company also builds and sells homes in urban infill markets through Toll City Living community. The Company operates on own land development, architectural, engineering, mortgage, title, landscaping, security monitoring, lumber distribution, house component assembly, and manufacturing operations. The Company also develops, owns and operates golf courses and country clubs, which are associated with planned communities.