Credit Suisse Maintains a Buy Rating on Lennar Corp

By Jason Carr

In a report issued on April 12, Susan Maklari from Credit Suisse maintained a Buy rating on Lennar Corp (NYSE: LEN), with a price target of $78. The company’s shares closed yesterday at $56.94.

According to TipRanks.com, Maklari is a 2-star analyst with an average return of 1.0% and a 52.9% success rate. Maklari covers the Consumer Goods sector, focusing on stocks such as Mohawk Industries, Toll Brothers, and PulteGroup.

Currently, the analyst consensus on Lennar Corp is Strong Buy and the average price target is $79.14, representing a 39.0% upside.

In a report issued on April 5, Citigroup also maintained a Buy rating on the stock with a $73 price target.

Lennar Corp’s market cap is currently $18.48B and has a P/E ratio of 14.97. The company has a book value ratio of 1.4151.

Based on the recent corporate insider activity of 94 insiders, corporate insider sentiment is negative on the stock. Earlier this month, Steven Gerard, a Director at LEN sold 2,500 shares for a total of $157,450.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Lennar Corp. is a homebuilders company, which engages in the provision of real estate related financial services and investment management. It operates through the following segment: Lennar Financial Services; Rialto, and Lennar Multifamily.