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Scotiabank Sticks to Its Hold Rating for Invitation Homes (INVH)

Tipranks - Tipranks - Fri Feb 20, 6:29AM CST

Scotiabank analyst Nicholas Yulico maintained a Hold rating on Invitation Homes today and set a price target of $28.00.

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Yulico covers the Real Estate sector, focusing on stocks such as SL Green Realty, Kilroy Realty, and Douglas Emmett. According to TipRanks, Yulico has an average return of 2.1% and a 48.89% success rate on recommended stocks.

In a report released yesterday, BMO Capital also maintained a Hold rating on the stock with a $34.00 price target.

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Based on Invitation Homes’ latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $688.17 million and a net profit of $136.74 million. In comparison, last year the company earned a revenue of $660.32 million and had a net profit of $95.27 million

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