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Equities research analysts at Barclays lowered their price target on shares of Toll Brothers (NYSE:TOL) from $45.00 to $41.00 in a research note issued to investors on Thursday. The firm currently has an “equal weight” rating on the stock. Barclays’ target price suggests a potential upside of 20.77% from the company’s current price.

Toll Brothers (NYSE:TOL) traded down 0.85% during mid-day trading on Thursday, hitting $33.66. The stock had a trading volume of 2,513,742 shares. Toll Brothers has a one year low of $29.64 and a one year high of $39.95. The stock has a 50-day moving average of $34.38 and a 200-day moving average of $35.6. The company has a market cap of $5.984 billion and a price-to-earnings ratio of 24.32.

Toll Brothers (NYSE:TOL) last released its earnings data on Wednesday, September 3rd. The company reported $0.53 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.45 by $0.08. The company had revenue of $1.06 billion for the quarter, compared to the consensus estimate of $986.87 million. During the same quarter in the prior year, the company posted $0.26 earnings per share. The company’s quarterly revenue was up 53.4% on a year-over-year basis. On average, analysts predict that Toll Brothers will post $1.77 earnings per share for the current fiscal year.

Toll Brothers, Inc designs, builds, markets and arranges financing for detached and attached homes in luxury residential communities.

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