Shares of KB Home (NYSE: KBH) have surpassed the average analyst 12-month target price of $39.33, trading at $40.43 per share. This development prompts analysts to either downgrade their valuation or raise their price targets based on the company’s performance and market conditions.
Currently, 12 analysts contribute to the target average for KB Home, with a range between a low target of $28.00 and a high of $49.00, resulting in a standard deviation of $6.4. The average analyst rating for KB Home is 1.67, indicating a preference for strong buy, with 8 strong buy ratings, 4 hold ratings, and no sell ratings.
