BTIG Research Initiates Coverage on Invitation Home Inc. (INVH)

BTIG Research began coverage on shares of Invitation Home Inc. (NYSE:INVH) in a research note released on Monday morning, MarketBeat Ratings reports. The brokerage issued a buy rating and a $26.00 price objective on the stock.

A number of other equities research analysts have also weighed in on the stock. Keefe, Bruyette & Woods restated a buy rating and issued a $25.00 price objective on shares of Invitation Home in a report on Tuesday, October 3rd. FBR & Co restated a buy rating on shares of Invitation Home in a report on Thursday, September 21st. Finally, Zacks Investment Research lowered shares of Invitation Home from a buy rating to a hold rating in a research note on Thursday, September 14th. Two investment analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and one has given a strong buy rating to the stock. The stock currently has an average rating of Buy and an average target price of $24.50.

Invitation Home (INVH) opened at 22.50 on Monday. Invitation Home has a 12 month low of $19.80 and a 12 month high of $23.13. The firm’s market capitalization is $7.01 billion. The stock’s 50 day moving average price is $22.56 and its 200-day moving average price is $22.56.

Invitation Home (NYSE:INVH) last announced its quarterly earnings data on Thursday, August 10th. The company reported $0.25 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.24 by $0.01. The firm had revenue of $242.22 million during the quarter, compared to analyst estimates of $240.58 million. The business’s revenue for the quarter was up 5.1% on a year-over-year basis. Equities analysts forecast that Invitation Home will post ($0.10) earnings per share for the current year.

COPYRIGHT VIOLATION WARNING: This story was first published by Stock Observer and is the property of of Stock Observer. If you are accessing this story on another website, it was copied illegally and reposted in violation of United States and international copyright and trademark law. The correct version of this story can be accessed at https://www.thestockobserver.com/2017/10/13/btig-research-initiates-coverage-on-invitation-home-inc-invh.html.

A number of large investors have recently made changes to their positions in INVH. Salem Investment Counselors Inc. acquired a new stake in Invitation Home during the 1st quarter worth $109,000. PNC Financial Services Group Inc. acquired a new stake in Invitation Home during the 1st quarter worth $111,000. SG Americas Securities LLC acquired a new stake in Invitation Home during the 1st quarter worth $112,000. State of Alaska Department of Revenue acquired a new stake in Invitation Home during the 2nd quarter worth $136,000. Finally, Meeder Asset Management Inc. acquired a new stake in Invitation Home during the 2nd quarter worth $157,000.

Invitation Home Company Profile

Invitation Homes Inc is a real estate investment trust. The Company owns and operates single-family homes for lease in the United States. The Company’s segment relates to acquiring, renovating, leasing and operating single-family homes as rental properties, including single-family homes in planned unit developments.

Analyst Recommendations for Invitation Home (NYSE:INVH)

Receive News & Ratings for Invitation Home Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invitation Home Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply