Hovnanian Enterprises Inc has a consensus price target of $155 based on the ratings of 2 analysts. The high is $155 issued by Zelman & Assoc on May 23, 2024. The low is $155 issued by Zelman & Assoc on May 23, 2024. The 1 most-recent analyst ratings were released by Zelman & Assoc on May 23, 2024, respectively. With an average price target of $155 between Zelman & Assoc, there's an implied -6.93% downside for Hovnanian Enterprises Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Hovnanian Enterprises (NYSE:HOV) was reported by Zelman & Assoc on May 23, 2024. The analyst firm set a price target for $155.00 expecting HOV to fall to within 12 months (a possible -6.93% downside). 2 analyst firms have reported ratings in the last year.
The latest analyst rating for Hovnanian Enterprises (NYSE:HOV) was provided by Zelman & Assoc, and Hovnanian Enterprises upgraded their neutral rating.
The last upgrade for Hovnanian Enterprises Inc happened on May 23, 2024 when Zelman & Assoc raised their price target to $155. Zelman & Assoc previously had an underperform for Hovnanian Enterprises Inc.
The last downgrade for Hovnanian Enterprises Inc happened on April 12, 2024 when Zelman & Assoc changed their price target from N/A to N/A for Hovnanian Enterprises Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Hovnanian Enterprises, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Hovnanian Enterprises was filed on May 23, 2024 so you should expect the next rating to be made available sometime around May 23, 2025.
While ratings are subjective and will change, the latest Hovnanian Enterprises (HOV) rating was a upgraded with a price target of $0.00 to $155.00. The current price Hovnanian Enterprises (HOV) is trading at is $166.55, which is out of the analyst’s predicted range.
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