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Toll Brothers (NYSE:TOL)‘s stock had its “underweight” rating reaffirmed by equities researchers at JPMorgan Chase & Co. in a research report issued on Thursday. They currently have a $34.00 target price on the stock, down from their previous target price of $34.50. JPMorgan Chase & Co.’s price objective suggests a potential upside of 0.15% from the stock’s previous close.

A number of other firms have also recently commented on TOL. Analysts at Barclays cut their price target on shares of Toll Brothers from $45.00 to $41.00 in a research note on Thursday. They now have an “equal weight” rating on the stock. Two research analysts have rated the stock with a sell rating, nine have assigned a hold rating and two have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average price target of $39.18.

Toll Brothers (NYSE:TOL) traded down 0.82% on Thursday, hitting $33.67. The stock had a trading volume of 2,355,372 shares. Toll Brothers has a one year low of $29.64 and a one year high of $39.95. The stock’s 50-day moving average is $34.38 and its 200-day moving average is $35.6. The company has a market cap of $5.986 billion and a P/E ratio of 24.32.

Toll Brothers (NYSE:TOL) last announced its earnings results on Wednesday, September 3rd. The company reported $0.53 earnings per share for the quarter, beating the analysts’ 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 last year, the company posted $0.26 earnings per share. Toll Brothers’s revenue was up 53.4% compared to the same quarter last year. 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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