KB Home (KBH) Gets a Sell Rating from Credit Suisse

By Ryan Adsit

Credit Suisse analyst Susan Maklari maintained a Sell rating on KB Home (KBHResearch Report) today and set a price target of $17. The company’s shares opened today at $22.82.

According to TipRanks.com, Maklari is currently ranked with no stars on a 0-5 star ranking scale, with an average return of -6.7% and a 40.4% success rate. Maklari covers the Consumer Goods sector, focusing on stocks such as Skyline Champion Corporation, Stanley Black & Decker Inc, and Green Brick Partners.

KB Home has an analyst consensus of Hold, with a price target consensus of $21.

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The company has a one-year high of $31.83 and a one-year low of $16.82. Currently, KB Home has an average volume of 1.94M.

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KB Home engages in selling and building a variety of new homes. It builds various types of homes, including attached and detached single-family homes, townhomes and condominiums. It operates through the following segments: West Coast, Southwest, Central and Southeast.