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RBC Capital Remains a Hold on PulteGroup (PHM)

Tipranks - Tipranks - Sat Jan 31, 8:17AM CST

RBC Capital analyst Michael Dahl maintained a Hold rating on PulteGroup yesterday and set a price target of $115.00. The company’s shares closed yesterday at $127.26.

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Dahl covers the Consumer Cyclical sector, focusing on stocks such as DR Horton, KB Home, and Lennar. According to TipRanks, Dahl has an average return of 9.6% and a 60.49% success rate on recommended stocks.

Currently, the analyst consensus on PulteGroup is a Moderate Buy with an average price target of $139.90, a 9.93% upside from current levels. In a report released today, TipRanks – Anthropic also reiterated a Hold rating on the stock with a $138.00 price target.

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Based on PulteGroup’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $4.61 billion and a net profit of $501.61 million. In comparison, last year the company earned a revenue of $4.92 billion and had a net profit of $913.24 million

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