Beazer Homes USA Downgraded by Zacks to Neutral (BZH)
Beazer Homes USA (NYSE:BZH) was downgraded by Zacks from an “outperform” rating to a “neutral” rating in a research note issued to investors on Wednesday, AnalystRatings.Net reports. They currently have a $21.10 price objective on the stock. Zacks‘ price target indicates a potential upside of 18.01% from the stock’s previous close.
Several other analysts have also recently commented on the stock. Analysts at Thomson Reuters/Verus downgraded shares of Beazer Homes USA from a “hold” rating to a “sell” rating in a research note to investors on Monday, October 21st. Separately, analysts at Credit Suisse downgraded shares of Beazer Homes USA from an “outperform” rating to a “neutral” rating in a research note to investors on Tuesday, September 10th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and three have assigned a buy rating to the company. The stock has an average rating of “Hold” and an average target price of $23.01.
Shares of Beazer Homes USA (NYSE:BZH) traded down 1.60% on Wednesday, hitting $17.88. 660,359 shares of the company’s stock traded hands. Beazer Homes USA has a 52-week low of $12.89 and a 52-week high of $23.29. The stock has a 50-day moving average of $18.30 and a 200-day moving average of $18.1. The company’s market cap is $443.5 million.
Beazer Homes USA, Inc (NYSE:BZH) diversified homebuilder with active operations in 16 states.
To view Zacks’ full report, visit www.zacks.com
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.