Market Overview

Credit Suisse Raises 2014/2015 EPS Estimates For KB Home

Related KBH
Buckingham Initiates Coverage On Several Homebuilders
Compass Point Research Offers 'The Home Builder Hope Trade'
KB Home Posts 2Q Profit as Selling Prices Rise (Fox Business)

In a report published Monday, Credit Suisse analyst Daniel Oppenheim reiterated an Outperform rating and $22.00 price target on KB Home (NYSE: KBH).

In the report, Credit Suisse noted, “We are raising our 2014 and 2015 EPS ests. to $1.38 (from $1.26) and $1.80 (from $1.67), respectively. Our new ests. incorporate better than expected 2Q results, slightly lower rev expectations in 2H/14 (but slightly higher in 2015 driven by a higher ASP est.), lower SG&A expense, and lower interest expense.”

KB Home closed on Friday at $18.69.

Latest Ratings for KBH

DateFirmActionFromTo
Oct 2014Buckingham ResearchInitiates Coverage onBuy
Oct 2014BarclaysMaintainsUnderweight
Oct 2014Compass PointUpgradesSellNeutral

View More Analyst Ratings for KBH
View the Latest Analyst Ratings

Posted-In: Credit Suisse Daniel OppenheimAnalyst Color Reiteration Analyst Ratings

 

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