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Shares of Home Properties (NYSE:HME) have received a consensus recommendation of “Hold” from the eight ratings firms that are covering the company, American Banking and Market News reports. Three research analysts have rated the stock with a sell rating, four have assigned a hold rating and one has assigned a buy rating to the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is $61.92.

Shares of Home Properties (NYSE:HME) opened at 59.68 on Monday. Home Properties has a 52 week low of $52.16 and a 52 week high of $67.79. The stock’s 50-day moving average is $60.04 and its 200-day moving average is $57.26. The company has a market cap of $3.405 billion and a price-to-earnings ratio of 39.84.

Home Properties (NYSE:HME) last announced its earnings results on Thursday, February 6th. The company reported $1.11 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $1.11. The company had revenue of $167.80 million for the quarter, compared to the consensus estimate of $169.16 million. During the same quarter in the prior year, the company posted $1.09 earnings per share. The company’s quarterly revenue was up 3.4% on a year-over-year basis. Analysts expect that Home Properties will post $4.51 EPS for the current fiscal year.

Separately, analysts at Citigroup Inc. downgraded shares of Home Properties from a “buy” rating to a “neutral” rating in a research note on Wednesday, March 26th. They now have a $63.00 price target on the stock.

Home Properties, Inc (NYSE:HME) is a self-administered and self-managed real estate investment trust (REIT).

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