Realogy (NYSE:RLGY) had its target price dropped by J P Morgan Chase & Co to $30.00 in a research report issued on Wednesday. The brokerage presently has a “neutral” rating on the financial services provider’s stock. J P Morgan Chase & Co’s target price suggests a potential upside of 9.29% from the stock’s previous close.

Several other equities analysts have also recently issued reports on RLGY. Deutsche Bank set a $42.00 price objective on shares of Realogy and gave the stock a “buy” rating in a research note on Tuesday, August 8th. BidaskClub raised shares of Realogy from a “hold” rating to a “buy” rating in a research note on Wednesday, August 9th. Keefe, Bruyette & Woods reaffirmed a “buy” rating and issued a $38.00 price objective on shares of Realogy in a research note on Thursday, August 10th. TheStreet raised shares of Realogy from a “c+” rating to a “b” rating in a research note on Wednesday, August 9th. Finally, Zacks Investment Research raised shares of Realogy from a “hold” rating to a “buy” rating and set a $39.00 price objective on the stock in a research note on Wednesday, September 27th. Three research analysts have rated the stock with a sell rating, three have given a hold rating and four have given a buy rating to the company’s stock. Realogy presently has a consensus rating of “Hold” and an average target price of $34.67.

Realogy (NYSE RLGY) traded up $0.22 during trading on Wednesday, reaching $27.45. 1,765,800 shares of the company’s stock traded hands, compared to its average volume of 1,272,460. The firm has a market cap of $3,665.61, a PE ratio of 17.13, a price-to-earnings-growth ratio of 0.88 and a beta of 1.32. The company has a debt-to-equity ratio of 1.41, a quick ratio of 0.94 and a current ratio of 0.94. Realogy has a 52-week low of $24.69 and a 52-week high of $35.18.

Realogy (NYSE:RLGY) last released its earnings results on Friday, November 3rd. The financial services provider reported $0.70 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.80 by ($0.10). The company had revenue of $1.67 billion for the quarter, compared to analyst estimates of $1.74 billion. Realogy had a net margin of 3.86% and a return on equity of 9.08%. The firm’s quarterly revenue was up 1.8% on a year-over-year basis. During the same period in the previous year, the business posted $0.74 EPS. equities research analysts anticipate that Realogy will post 1.55 earnings per share for the current year.

In related news, Director Duncan L. Niederauer purchased 5,000 shares of the firm’s stock in a transaction that occurred on Monday, November 27th. The stock was acquired at an average cost of $26.47 per share, for a total transaction of $132,350.00. Following the completion of the acquisition, the director now owns 25,141 shares in the company, valued at approximately $665,482.27. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Company insiders own 1.80% of the company’s stock.

Hedge funds and other institutional investors have recently bought and sold shares of the business. PNC Financial Services Group Inc. raised its position in shares of Realogy by 0.4% in the second quarter. PNC Financial Services Group Inc. now owns 4,153 shares of the financial services provider’s stock valued at $135,000 after purchasing an additional 17 shares during the period. Gotham Asset Management LLC raised its position in shares of Realogy by 0.7% in the second quarter. Gotham Asset Management LLC now owns 12,170 shares of the financial services provider’s stock valued at $395,000 after purchasing an additional 90 shares during the period. M&T Bank Corp raised its position in shares of Realogy by 0.5% in the second quarter. M&T Bank Corp now owns 24,955 shares of the financial services provider’s stock valued at $810,000 after purchasing an additional 134 shares during the period. Comerica Bank raised its position in shares of Realogy by 3.3% in the second quarter. Comerica Bank now owns 7,944 shares of the financial services provider’s stock valued at $267,000 after purchasing an additional 257 shares during the period. Finally, Royal Bank of Canada raised its position in shares of Realogy by 1.3% in the second quarter. Royal Bank of Canada now owns 33,316 shares of the financial services provider’s stock valued at $1,081,000 after purchasing an additional 417 shares during the period.

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Realogy Company Profile

Realogy Holdings Corp. is an integrated provider of residential real estate services in the United States. The Company is the franchisor of residential real estate brokerages with some of the recognized brands in the real estate industry, the owner of United States residential real estate brokerage offices, the global provider of outsourced employee relocation services and a provider of title and settlement services.

Analyst Recommendations for Realogy (NYSE:RLGY)

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