B. Riley Analysts Give Invitation Home Inc. (INVH) a $26.00 Price Target

Invitation Home Inc. (NYSE:INVH) has been assigned a $26.00 price objective by investment analysts at B. Riley in a report released on Wednesday. The firm presently has a “buy” rating on the stock. B. Riley’s target price would suggest a potential upside of 10.64% from the company’s previous close.

A number of other research firms also recently weighed in on INVH. Keefe, Bruyette & Woods reaffirmed a “buy” rating and set a $25.00 price target on shares of Invitation Home in a research note on Friday, August 18th. BTIG Research assumed coverage on Invitation Home in a report on Monday, October 9th. They issued a “buy” rating and a $26.00 target price for the company. FBR & Co reiterated a “buy” rating on shares of Invitation Home in a research note on Thursday, September 21st. Finally, Zacks Investment Research upgraded Invitation Home from a “hold” rating to a “buy” rating and set a $26.00 target price on the stock in a research report on Wednesday, August 23rd. Two analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has issued a strong buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus target price of $24.60.

Invitation Home (INVH) opened at $23.50 on Wednesday. Invitation Home has a 52 week low of $19.80 and a 52 week high of $23.93. The company has a debt-to-equity ratio of 1.57, a quick ratio of 1.43 and a current ratio of 1.43.

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Hedge funds and other institutional investors have recently made changes to their positions in the company. APG Asset Management US Inc. grew its holdings in Invitation Home by 18.6% during the 3rd quarter. APG Asset Management US Inc. now owns 10,900,582 shares of the company’s stock valued at $246,898,000 after purchasing an additional 1,712,493 shares during the last quarter. Principal Financial Group Inc. lifted its position in shares of Invitation Home by 22.3% in the 3rd quarter. Principal Financial Group Inc. now owns 7,997,265 shares of the company’s stock worth $181,138,000 after purchasing an additional 1,459,063 shares during the period. Vanguard Group Inc. purchased a new stake in shares of Invitation Home in the 1st quarter worth approximately $159,769,000. Cbre Clarion Securities LLC lifted its position in shares of Invitation Home by 15.0% in the 2nd quarter. Cbre Clarion Securities LLC now owns 4,970,343 shares of the company’s stock worth $107,509,000 after purchasing an additional 649,707 shares during the period. Finally, BlackRock Inc. lifted its position in shares of Invitation Home by 16.7% in the 2nd quarter. BlackRock Inc. now owns 4,955,788 shares of the company’s stock worth $107,194,000 after purchasing an additional 709,908 shares during the period.

About Invitation Home

Invitation Homes Inc is a real estate investment trust. The Company owns and operates single-family homes for lease in the United States. The Company’s segment relates to acquiring, renovating, leasing and operating single-family homes as rental properties, including single-family homes in planned unit developments.

Analyst Recommendations for Invitation Home (NYSE:INVH)

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