Taylor Morrison Home Corp (NASDAQ:TMHC) had its price objective lifted by stock analysts at Deutsche Bank AG from $25.00 to $27.00 in a report issued on Monday. The brokerage presently has a “buy” rating on the construction company’s stock. Deutsche Bank AG’s price objective points to a potential upside of 20.91% from the stock’s current price.

Several other analysts also recently commented on the company. BidaskClub downgraded Taylor Morrison Home Corp from a “strong-buy” rating to a “buy” rating in a research note on Monday, July 24th. Zacks Investment Research upgraded Taylor Morrison Home Corp from a “hold” rating to a “buy” rating and set a $27.00 target price for the company in a research note on Tuesday, July 4th. FBR & Co raised their target price on Taylor Morrison Home Corp from $21.00 to $23.00 and gave the company a “mkt perform” rating in a research note on Friday, April 28th. Finally, ValuEngine upgraded Taylor Morrison Home Corp from a “buy” rating to a “strong-buy” rating in a research note on Friday, June 2nd. Seven analysts have rated the stock with a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of $23.00.

Taylor Morrison Home Corp (TMHC) traded up 0.72% on Monday, hitting $22.49. The stock had a trading volume of 652,871 shares. The company has a 50-day moving average price of $23.90 and a 200-day moving average price of $22.09. Taylor Morrison Home Corp has a 52 week low of $15.82 and a 52 week high of $24.79. The stock has a market capitalization of $1.33 billion and a price-to-earnings ratio of 12.50.

Taylor Morrison Home Corp (NASDAQ:TMHC) last posted its quarterly earnings data on Wednesday, August 2nd. The construction company reported $0.46 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.38 by $0.08. Taylor Morrison Home Corp had a return on equity of 9.57% and a net margin of 6.16%. The firm had revenue of $908.49 million during the quarter, compared to analyst estimates of $849.70 million. During the same period last year, the company posted $0.37 EPS. The business’s quarterly revenue was up 6.3% on a year-over-year basis. Equities research analysts anticipate that Taylor Morrison Home Corp will post $1.93 earnings per share for the current fiscal year.

ILLEGAL ACTIVITY WARNING: “Taylor Morrison Home Corp (TMHC) Given New $27.00 Price Target at Deutsche Bank AG” was published by American Banking News and is owned by of American Banking News. If you are accessing this news story on another website, it was copied illegally and republished in violation of U.S. & international copyright legislation. The original version of this news story can be accessed at https://www.americanbankingnews.com/2017/08/07/taylor-morrison-home-corp-tmhc-given-new-27-00-price-target-at-deutsche-bank-ag.html.

Hedge funds have recently modified their holdings of the stock. Victory Capital Management Inc. increased its stake in shares of Taylor Morrison Home Corp by 17.6% in the second quarter. Victory Capital Management Inc. now owns 7,429 shares of the construction company’s stock valued at $178,000 after buying an additional 1,114 shares in the last quarter. Virginia Retirement Systems ET AL bought a new position in Taylor Morrison Home Corp during the second quarter worth about $970,000. Federated Investors Inc. PA increased its position in Taylor Morrison Home Corp by 14.4% in the second quarter. Federated Investors Inc. PA now owns 52,586 shares of the construction company’s stock worth $1,263,000 after buying an additional 6,610 shares during the period. Columbus Circle Investors increased its position in Taylor Morrison Home Corp by 13.9% in the second quarter. Columbus Circle Investors now owns 374,229 shares of the construction company’s stock worth $8,985,000 after buying an additional 45,672 shares during the period. Finally, Marshall Wace North America L.P. increased its position in Taylor Morrison Home Corp by 761.2% in the second quarter. Marshall Wace North America L.P. now owns 260,715 shares of the construction company’s stock worth $6,257,000 after buying an additional 230,440 shares during the period.

Taylor Morrison Home Corp Company Profile

Taylor Morrison Home Corporation is a homebuilder, which designs, builds and sells single-family detached and attached homes. The Company is also a land developer, with a portfolio of lifestyle and master-planned communities. Its segments include East, which includes Atlanta, Charlotte, North Florida, Raleigh, Southwest Florida and Tampa; Central, which includes Austin, Dallas, and Houston (each of the Dallas and Houston markets include both a Taylor Morrison division and a Darling Homes division); West, which includes Bay Area, Chicago, Denver, Phoenix, Sacramento and Southern California, and Mortgage Operations, which includes Taylor Morrison Home Funding, LLC (TMHF) and Inspired Title Services, LLC (Inspired Title).

Analyst Recommendations for Taylor Morrison Home Corp (NASDAQ:TMHC)

Receive News & Ratings for Taylor Morrison Home Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Taylor Morrison Home Corp and related companies with MarketBeat.com's FREE daily email newsletter.