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Equities researchers at Barclays boosted their target price on shares of Home Properties (NYSE:HME) from $62.00 to $64.00 in a research report issued on Monday. The firm currently has an “equal weight” rating on the stock. Barclays’ target price would indicate a potential downside of 1.80% from the stock’s previous close.

Home Properties (NYSE:HME) traded down 0.26% during mid-day trading on Monday, hitting $65.17. 176,443 shares of the company’s stock traded hands. Home Properties has a one year low of $52.16 and a one year high of $66.88. The stock has a 50-day moving average of $63.1 and a 200-day moving average of $60.12. The company has a market cap of $3.723 billion and a price-to-earnings ratio of 23.77.

Home Properties (NYSE:HME) last issued its quarterly earnings data on Thursday, May 1st. The company reported $1.00 EPS for the quarter, missing the Thomson Reuters consensus estimate of $1.05 by $0.05. The company had revenue of $168.06 million for the quarter, compared to the consensus estimate of $169.09 million. During the same quarter in the prior year, the company posted $1.05 earnings per share. The company’s quarterly revenue was up 3.9% on a year-over-year basis. On average, analysts predict that Home Properties will post $4.46 earnings per share for the current fiscal year.

Separately, analysts at Compass Point reiterated a “buy” rating on shares of Home Properties in a research note on Monday, May 5th. They now have a $65.60 price target on the stock. Three analysts have rated the stock with a sell rating, two have assigned a hold rating and one has given a buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of $61.27.

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

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