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Barclays: Homebuilder DR Horton Deserves Premium Valuation
Monday, March 26, 2018 - 1:34pm | 441Shares of homebuilder D. R. Horton Inc (NYSE: DHI) are trading at just 1.9x an estimated first quarter 2019 tangible book value of $23.21 — which undervalues the stock, according to Barclays. The Analyst Barclays' Matthew Bouley upgraded D.R. Horton's stock from Equal Weight to...
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Credit Suisse Initiates Owens Corning At Underperform, Expects Roofing Demand To Be 'Modest'
Thursday, August 11, 2016 - 8:35am | 288Credit Suisse started coverage of Owens Corning (NYSE: OC) with an Underperform rating and $51 price target on challenging roofing growth. Owens Corning is a global manufacturer of composite and building materials systems with 2015 net sales of $5.4 billion. "[W]e believe that re-roof...
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Credit Suisse Shakes Up Recommendations In Housing Sector: It's All About ROEs
Tuesday, December 15, 2015 - 3:36pm | 655In a report issued Tuesday, Credit Suisse analysts Michael Dahl, Matthew Bouley and Anthony Trainor shared a look into the homebuilding industry. The experts explained that, as performance and multiples vary widely across the industry, the report was aimed at identifying “relative...