Evercore ISI Sticks to Its Buy Rating for American Homes (AMH)

In a report released yesterday, Steve Sakwa from Evercore ISI maintained a Buy rating on American Homes, with a price target of $40.00. The company’s shares closed yesterday at $32.92.

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According to TipRanks, Sakwa is a 2-star analyst with an average return of 0.4% and a 50.43% success rate. Sakwa covers the Real Estate sector, focusing on stocks such as AvalonBay, Equity Residential, and Essex Property.

Currently, the analyst consensus on American Homes is a Moderate Buy with an average price target of $39.31, which is a 19.41% upside from current levels. In a report released yesterday, Wells Fargo also maintained a Buy rating on the stock with a $38.00 price target.

The company has a one-year high of $39.49 and a one-year low of $31.68. Currently, American Homes has an average volume of 2.4M.

Based on the recent corporate insider activity of 64 insiders, corporate insider sentiment is neutral on the stock. Last month, Matthew Hart, a Director at AMH sold 23,270.00 shares for a total of $801,418.80.