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Keefe, Bruyette & Woods Downgrades Home Properties (HME) to Underperform

December 6, 2011 10:36 AM EST
Get Alerts HME Hot Sheet
Price: $75.24 --0%

Rating Summary:
    6 Buy, 11 Hold, 2 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 7 | Down: 16 | New: 37
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Keefe, Bruyette & Woods downgraded Home Properties (NYSE: HME) from Market Perform to Underperform.

KBW analyst says, "Based on slightly revised FFO/sh and NAV/sh estimates and our assessment of relative valuations and n/t growth in the sector, we are downgrading HME and Sun Communities (NYSE: SUI)."

For an analyst ratings summary and ratings history on Home Properties click here. For more ratings news on Home Properties click here.

Shares of Home Properties closed at $54.95 yesterday.


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