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Analysts Set TRI Pointe Group Inc (TPH) Target Price at $15.38

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B.Riley FBR analyst Alex Rygiel reiterated a Buy rating on Tri Pointe (TPH – Research Report) today and set a price target of $15.The company’s shares opened today at $12.87. Rygiel observed: "We are adjusting our estimates down for 2019 following TPH’s 4Q results and guidance provided on 2/26.

Shares of TRI Pointe Group Inc (NYSE:TPH) have earned an average rating of "Hold" from the fifteen brokerages that are currently covering the company, Marketbeat Ratings reports. Three analysts have rated the stock with a sell rating, seven have assigned a hold rating and four have issued a buy.

Shares of TRI Pointe Group Inc (NYSE:TPH) have received an average recommendation of "Hold" from the twelve analysts that are currently covering the stock, MarketBeat.com reports. Three investment analysts have rated the stock with a sell rating, four have issued a hold rating and four have issued a buy rating on the company.

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Tri Pointe Homes (TPH) Q2 Earnings and Revenues top estimates. tri pointe (tph) delivered earnings and revenue surprises of 28.57% and 10.47%, respectively, for the quarter ended june 2019.

5 brokers have issued twelve-month target prices for TRI Pointe Group’s stock. Their predictions range from $11.00 to $15.00. On average, they anticipate TRI Pointe Group’s share price to reach $13.75 in the next twelve months. This suggests a possible upside of 0.5% from the stock’s current price. View Analyst Price Targets for TRI Pointe Group.

The share price of TRI Pointe Group, Inc. [NYSE: TPH] inclined by $12.19, presently trading at $12.14. The company’s shares saw 17.02% gains compared to the lowest price in the period of the last 52 weeks, set at $10.37 recorded on 08/07/2019.

TRI POINTE HOMES INC (NYSE: TPH – news) , $16.65, up 8.2 pct (12:42 p.m. ET) Tri Pointe Homes is buying Weyerhaeuser Co (Xetra: WHC.DE – news) ‘s homebuilding division in a $2.7 billion deal that will.

TRI Pointe Group Inc. analyst estimates by MarketWatch. View TPH revenue estimates and earnings estimates, as well as analyst recommendations.

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