J.P. Morgan Remains a Hold on Century Communities (CCS)
J.P. Morgan analyst Michael Rehaut maintained a Hold rating on Century Communities today and set a price target of $62.00.
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According to TipRanks, Rehaut is a 4-star analyst with an average return of 6.2% and a 56.15% success rate. Rehaut covers the Consumer Cyclical sector, focusing on stocks such as KB Home, LGI Homes, and DR Horton.
Currently, the analyst consensus on Century Communities is a Moderate Buy with an average price target of $73.00.
Based on Century Communities’ latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $980.28 million and a net profit of $37.4 million. In comparison, last year the company earned a revenue of $1.14 billion and had a net profit of $83.02 million
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