Wedbush Sticks to Its Hold Rating for Hovnanian Enterprises (HOV)
In a report released today, from Wedbush reiterated a Hold rating on Hovnanian Enterprises, with a price target of $120.00. The company’s shares closed yesterday at $140.99.
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Hovnanian Enterprises has an analyst consensus of Moderate Buy, with a price target consensus of $130.00.
HOV market cap is currently $777.4M and has a P/E ratio of 6.87.
Based on the recent corporate insider activity of 42 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of HOV in relation to earlier this year. Last month, Robin Stone Sellers, a Director at HOV sold 1,500.00 shares for a total of $167,422.50.
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