Wedbush Reiterates Outperform Rating for TRI Pointe Group (TPH)

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TRI Pointe Group announced that its Board of Directors has authorized a stock repurchase program on Wednesday, July 26th that allows the company to repurchase $50.00 million in shares. The stock has "Outperform" rating by Wedbush on Tuesday, February 21. TRI Pointe Group (NYSE:TPH) last issued its quarterly earnings results on Wednesday, July 26th.

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TRI Pointe Group Inc (NYSE:TPH) has been given a consensus rating of "Hold" by the fifteen analysts that are covering the company, Marketbeat Ratings reports. Three research analysts have.

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According to the average analyst rating, TRI Pointe Group, Inc. would be rated as 2.90. Out of 10 different analysts monitoring TPH stock, 0 analysts rate the stock as a BUY, 7 suggest to give the rating of HOLD, 2 indicate that TPH is an OUTPERFORM, 0 rated the stock as a SELL, and 1 analyst believes that the stock should be rated as UNDERPERFORM.

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JMP Securities upped their price target on TRI Pointe Group from $14.00 to $15.00 and gave the stock a "market outperform" rating in a research note on Wednesday, February 27th. Wedbush restated a "neutral" rating and issued a $11.00 price target on shares of TRI Pointe Group in a research note on Wednesday, February 27th.

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Tri Pointe Homes (NYSE: TPH) stock research, profile, news, analyst ratings, key statistics, fundamentals, stock price, charts, earnings, guidance and peers on Benzinga.

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