Goldman Sachs Group raised its price target on Invitation Homes (NYSE:INVH) to $45.00.

Invitation Homes (NYSE:INVH – Get Rank ) Investment analysts at The Goldman Sachs Group raised their price objective on the stock from $40.50 to $45.00 in a research report issued to clients and investors on Tuesday, Benzinga reports. The brokerage currently has a “Buy” rating on the stock. Goldman Sachs Group’s price target suggests a potential upside of 13.12% for the company.

Several other research firms also recently issued reports on INVH. Evercore ISI set a $42.00 price objective on shares of Guest Houses in a research report on Monday, June 20th. Mizuho dropped their price objective on shares of Banquets from $45.00 to $44.00 and set a “buy” rating for the company in a research note on Wednesday, July 6th. KeyCorp cut their price objective on Banquets from $46.00 to $41.00 and set an “overweight” rating for the company in a research report on Tuesday, June 28th. Credit Suisse Group decreased their price objective on Invitations from $47.00 to $40.00 and set an “outperform” rating for the company in a report on Wednesday, June 22nd. Finally, Jefferies Financial Group decreased their price objective on Invitations from $44.00 to $41.00 and gave the company a “buy” rating in a report on Thursday, June 30th. Three analysts have rated the stock with a hold rating, thirteen have issued a buy rating and one has given a strong buy rating to the stock. Invitation Homes has an average rating of “Moderate Buy” and a consensus price target of $44.41, according to MarketBeat data.

Price performance of banquet halls

Shares of NYSE:INVH opened at $39.78 on Tuesday. The company’s 50-day moving average is $36.36 and its 200-day moving average is $38.52. Invitation Homes has a twelve month low of $33.15 and a twelve month high of $45.80. The company has a quick ratio of 0.10, a current ratio of 0.10 and a debt-equity ratio of 0.53. The stock has a market capitalization of $24.28 billion, a PE ratio of 69.79, a price-to-earnings-growth ratio of 3.56 and a beta of 0.89.

Hedge funds weigh in on betting houses.

A number of large investors have recently trimmed or reduced their stakes in INVH. Weil Company Inc. Shares of Inns grew 2.2% during the fourth quarter. Weill Company Inc. now owns 11,447 shares of the company’s stock worth $519,000 after acquiring an additional 243 shares in the last quarter. Legacy Wealth Asset Management LLC boosted its stake in Invitation Homes by 3.2% during the fourth quarter. Legacy Wealth Asset Management LLC now owns 7,916 shares of the company’s stock worth $359,000 after acquiring an additional 248 shares in the last quarter. Bank of Nova Scotia grew its holdings in shares of Invitation Homes by 1.6% in the second quarter. Bank of Nova Scotia now owns 17,365 shares of the company’s stock worth $618,000 after acquiring an additional 268 shares in the last quarter. Commonwealth Equity Services LLC grew its stake in shares of Invitation Homes by 2.3% in the first quarter. Commonwealth Equity Services LLC now owns 13,367 shares of the company’s stock worth $537,000 after acquiring an additional 301 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. grew its stake in Invitation Homes by 53.3% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 872 shares of the company’s stock worth $40,000 after acquiring an additional 303 shares during the last quarter.

About banquet halls

(get rank)

Invitation Homes is the nation’s premier single-family home rental company, transforming lifestyle needs by offering high-quality, updated homes with value-for-money features such as proximity to jobs and good schools. The company’s mission statement, “We Build Homes Together With You,” is a commitment to providing homes where individuals and families thrive, and high-touch services that continually enhance residents’ living experiences.

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Analyst Recommendations for Invitation Homes (NYSE:INVH)

This quick news alert was created with Narrative Science technology and MarketBeat financial data to provide readers with fast and accurate reporting. This story was reviewed by the MarketBeat editorial team before publication. Please send any questions or comments about this story to contact@marketbeat.com.

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