Keefe, Bruyette & Woods Raises Anywhere Real Estate (NYSE:HOUS) Price Target to $11.00

Anywhere Real Estate (NYSE:HOUS) had its target price upped by stock analysts at Keefe, Bruyette & Woods from $4.50 to $11.00 in a report issued on Tuesday,Benzinga reports. The brokerage currently has a “market perform” rating on the stock. Keefe, Bruyette & Woods’ target price points to a potential downside of 13.29% from the stock’s current price.

A number of other brokerages also recently weighed in on HOUS. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Anywhere Real Estate in a research note on Wednesday, October 8th. JPMorgan Chase & Co. raised Anywhere Real Estate from an “underweight” rating to a “neutral” rating and set a $10.00 price objective on the stock in a report on Monday, September 22nd. Compass Point set a $11.00 target price on Anywhere Real Estate in a research note on Tuesday, September 23rd. Wall Street Zen downgraded Anywhere Real Estate from a “hold” rating to a “sell” rating in a research report on Saturday, August 2nd. Finally, Barclays raised Anywhere Real Estate from a “strong sell” rating to an “equal weight” rating and upped their price target for the company from $3.50 to $11.00 in a research note on Tuesday, September 23rd. Three analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Anywhere Real Estate has a consensus rating of “Reduce” and an average target price of $11.25.

Anywhere Real Estate Trading Up 0.5%

Shares of HOUS opened at $12.69 on Tuesday. The company has a debt-to-equity ratio of 1.52, a quick ratio of 0.46 and a current ratio of 0.46. The company has a market cap of $1.42 billion, a price-to-earnings ratio of -10.94 and a beta of 1.83. The stock has a fifty day moving average price of $9.55 and a two-hundred day moving average price of $6.12. Anywhere Real Estate has a 52-week low of $2.71 and a 52-week high of $12.93.

Institutional Trading of Anywhere Real Estate

A number of institutional investors and hedge funds have recently modified their holdings of HOUS. Ballentine Partners LLC bought a new position in Anywhere Real Estate during the 1st quarter worth approximately $39,000. May Hill Capital LLC bought a new stake in shares of Anywhere Real Estate in the 2nd quarter valued at $40,000. Avantax Advisory Services Inc. bought a new position in Anywhere Real Estate during the first quarter worth about $43,000. Los Angeles Capital Management LLC acquired a new position in Anywhere Real Estate in the second quarter valued at about $53,000. Finally, Strs Ohio bought a new position in shares of Anywhere Real Estate during the 1st quarter valued at about $64,000. 97.56% of the stock is owned by institutional investors.

Anywhere Real Estate Company Profile

Anywhere Real Estate Inc, through its subsidiaries, provides residential real estate services in the United States and internationally. The company operates through three segments: Anywhere Brands, Anywhere Advisors, and Anywhere Integrated Services. The Anywhere Brands segment franchises the Better Homes and Gardens Real Estate, Century 21, Coldwell Banker, Coldwell Banker Commercial, Corcoran, ERA, and Sotheby's International Realty brand names.