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Home Properties (NYSE:HME)’s share price reached a new 52-week high during trading on Thursday , Analyst RN reports. The stock traded as high as $66.45 and last traded at $66.20, with a volume of 65,942 shares trading hands. The stock had previously closed at $66.21.

A number of research firms have recently commented on HME. Analysts at Barclays raised their price target on shares of Home Properties from $62.00 to $64.00 in a research note on Monday. They now have an “equal weight” rating on the stock. Finally, 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 research analysts have rated the stock with a sell rating, two have assigned a hold rating and one has issued a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average price target of $61.27.

The stock’s 50-day moving average is $63.56 and its 200-day moving average is $60.41. The company has a market cap of $3.774 billion and a price-to-earnings ratio of 24.09.

Home Properties (NYSE:HME) last posted its quarterly earnings results on Thursday, May 1st. The company reported $1.00 earnings per share (EPS) for the quarter, missing the 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 previous year, the company posted $1.05 earnings per share. The company’s revenue for the quarter was up 3.9% on a year-over-year basis. Analysts expect that Home Properties will post $4.45 EPS for the current fiscal year.

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

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