JPMorgan Chase & Co. upgraded shares of Green Brick Partners (NASDAQ:GRBK – Get Rating) from an underweight rating to a neutral rating in a research note published on Tuesday morning, The Fly reports. JPMorgan Chase & Co. currently has $26.50 price target on the financial services provider’s stock, up from their previous price target of $19.50.
Other equities research analysts have also recently issued research reports about the company. B. Riley reduced their price objective on Green Brick Partners from $27.00 to $23.00 and set a neutral rating for the company in a research note on Tuesday, October 18th. Wedbush downgraded shares of Green Brick Partners from an outperform rating to a neutral rating and set a $26.00 price target for the company. in a research report on Monday, August 8th. StockNews.com began coverage on shares of Green Brick Partners in a research report on Wednesday, October 12th. They set a hold rating on the stock. Finally, JMP Securities downgraded shares of Green Brick Partners from an outperform rating to a market perform rating in a report on Friday, August 19th. Five investment analysts have rated the stock with a hold rating, According to data from MarketBeat.com, Green Brick Partners has an average rating of Hold and an average price target of $25.17.
Green Brick Partners Stock Up 5.0 %
Green Brick Partners stock opened at $24.31 on Tuesday. The stock has a 50-day simple moving average of $22.25 and a 200-day simple moving average of $23.17. The company has a market capitalization of $1.12 billion, a P/E ratio of 3.99 and a beta of 1.56. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.55 and a current ratio of 6.10. Green Brick Partners has a fifty-two week low of $16.80 and a fifty-two week high of $32.25.
Institutional Investors Weigh In On Green Brick Partners
Green Brick Partners Company Profile
Green Brick Partners, Inc operates as a homebuilding and land development company in the United States. It operates through Builder operations Central, Builder operations Southeast, and Land development segments. The company is involved in the land acquisition and development, entitlements, design, construction, title and mortgage services, marketing, and sale of townhomes, patio homes, single family homes, and luxury homes in residential neighborhoods, and master planned communities.
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