UBS AG Raises Price Target on D.R. Horton (DHI)
Equities research analysts at UBS AG (NYSE: UBS) boosted their price target on shares of D.R. Horton (NYSE: DHI) from $14.00 to $16.50 in a research note issued to investors on Thursday. The firm currently has a “neutral” rating on the stock.
A number of other analysts have also recently weighed in on DHI. Analysts at Zacks reiterated a “neutral” rating on shares of D.R. Horton in a research note to investors on Wednesday, May 16th. They now have a $18.00 price target on the stock. Separately, analysts at Guggenheim upgraded shares of D.R. Horton from a “neutral” rating to a “buy” rating in a research note to investors on Monday, May 14th. They now have a $27.00 price target on the stock. Finally, analysts at Deutsche Bank (NYSE: DB) raised their price target on shares of D.R. Horton to $19.00 in a research note to investors on Monday, May 7th. They now have a “positive” rating on the stock.
D.R. Horton opened at 16.60 on Thursday. D.R. Horton has a 52-week low of $8.03 and a 52-week high of $17.91. The company has a market cap of $5.285 billion and a price-to-earnings ratio of 39.71.
D.R. Horton last posted its quarterly earnings results on Monday, April 23rd. The company reported $0.13 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.04 by $0.09. D.R. Horton’s revenue was up 27.6% compared to the same quarter last year. Analysts expect that D.R. Horton will post $0.24 EPS next quarter.
D.R. Horton, Inc. (D.R. Horton) is a homebuilding company in the United States. It constructs and sells homes through its operating divisions in 26 states and 72 metropolitan markets of the United States, primarily under the name of D.