Shares of The Howard Hughes Co. (NYSE:HHC – Get Rating) hit a new 52-week low during mid-day trading on Friday . The stock traded as low as $59.01 and last traded at $59.10, with a volume of 2357 shares traded. The stock had previously closed at $60.83.
Analyst Ratings Changes
HHC has been the subject of several research reports. TheStreet downgraded shares of Howard Hughes from a “c” rating to a “d+” rating in a research report on Friday, July 1st. Piper Sandler lowered their price objective on shares of Howard Hughes to $100.00 in a research report on Monday, July 4th. StockNews.com raised shares of Howard Hughes from a “sell” rating to a “hold” rating in a research report on Thursday, August 4th. BMO Capital Markets initiated coverage on shares of Howard Hughes in a research report on Tuesday, July 26th. They set an “outperform” rating and a $90.00 price objective for the company. Finally, Jefferies Financial Group lowered their price objective on shares of Howard Hughes from $127.00 to $90.00 and set a “buy” rating for the company in a research report on Thursday, June 30th. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $101.25.
Howard Hughes Trading Down 4.7 %
The firm has a market cap of $2.89 billion, a P/E ratio of 22.61 and a beta of 1.39. The business’s 50-day moving average is $68.26 and its two-hundred day moving average is $80.18. The company has a debt-to-equity ratio of 1.39, a current ratio of 1.46 and a quick ratio of 1.46.
Institutional Inflows and Outflows
Howard Hughes Company Profile
The Howard Hughes Corporation owns, manages, and develops commercial, residential, and hospitality operating properties in the United States. It operates through four segments: Operating Assets; Master Planned Communities (MPCs); Seaport District; and Strategic Developments. As of December 31, 2020, the Operating Assets segment owned 15 retail, 33 office, 12 multi-family, 3 hospitality, and 13 other operating assets and investments primarily located in The Woodlands, Texas; Chicago, Illinois; Columbia, Maryland; Las Vegas, Nevada; and Honolulu, Hawaii.
- Get a free copy of the StockNews.com research report on Howard Hughes (HHC)
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