B of A Securities has initiated coverage on Taylor Morrison Home (TMHC, Financial) with a "Buy" rating. This announcement, made on May 5, 2025, is an important development for Taylor Morrison Home, indicating a positive outlook from the analyst community.
The analyst from B of A Securities has announced a price target of $70.00 USD for TMHC. This is a key figure for investors to consider as they evaluate the potential growth of Taylor Morrison Home in the stock market. The current rating of "Buy" reflects the analyst's confidence in the company's performance and market position.
Taylor Morrison Home (TMHC, Financial) operates on the NYSE and this new coverage by B of A Securities highlights its presence in the housing sector. Investors will be monitoring TMHC closely following this rating and price target announcement, as it could influence trading activity and investor sentiment.
This update is significant for shareholders and potential investors looking to gain insight into TMHC's valuation and future performance. Taylor Morrison Home continues to be a company of interest within the real estate industry.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 7 analysts, the average target price for Taylor Morrison Home Corp (TMHC, Financial) is $74.16 with a high estimate of $85.00 and a low estimate of $65.00. The average target implies an upside of 25.91% from the current price of $58.90. More detailed estimate data can be found on the Taylor Morrison Home Corp (TMHC) Forecast page.
Based on the consensus recommendation from 10 brokerage firms, Taylor Morrison Home Corp's (TMHC, Financial) average brokerage recommendation is currently 1.9, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Taylor Morrison Home Corp (TMHC, Financial) in one year is $51.40, suggesting a downside of 12.73% from the current price of $58.9. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Taylor Morrison Home Corp (TMHC) Summary page.