Analyst Ratings for Ryland Group (RYL)

Overall Rating: NEUTRAL Rating Trend:

Avg. $ Target: $33.77 (-32.4%)

Date	Firm	Type	Rating (Past)	PT (Past)	Start $	End $	% Chg.	Details
5/14/2013	Raymond James	Downgrade	Underperform (Market Perform)	N/A (N/A)	49.56	49.95	0.79%	Details
4/23/2013	Barclays	Upgrade	Equalweight (Underweight)	N/A (N/A)	38.56	49.95	29.54%	Details
4/4/2013	FBN Securities	Upgrade	Sector Perform (Underperform)	N/A (N/A)	38.01	49.95	31.41%	Details
3/14/2013	Sterne Agee	New Coverage	Buy (N/A)	52.00 (N/A)	38.51	49.95	29.71%	Details
1/3/2013	Topeka Capital	Downgrade	Hold (Buy)	36.00 (N/A)	37.58	49.95	32.92%	Details
11/9/2012	KeyBanc	Upgrade	Buy (Hold)	43.00 (N/A)	34.51	49.95	44.74%	Details
10/11/2012	MKM Partners	Downgrade	Sell (Buy)	N/A (N/A)	31.73	49.95	57.42%	Details
9/20/2012	Compass Point » Updated 1/29/2013	Upgrade	Buy (Neutral)	46.50 (38.00)	31.80	49.95	57.08%	Details
7/23/2012	Goldman Sachs	Upgrade	Neutral (Sell)	34.00 (17.00)	25.73	49.95	94.13%	Details
7/13/2012	Credit Suisse	Downgrade	Neutral (Outperform)	N/A (N/A)	26.01	49.95	92.04%	Details
6/8/2012	Citi	New Coverage	Buy (N/A)	22.00 (20.50)	21.29	49.95	134.62%	Details
5/14/2012	Guggenheim	Upgrade	Buy (N/A)	N/A (N/A)	22.66	49.95	120.43%	Details
4/30/2012	CRT Capital	Upgrade	Fairly Valued (N/A)	22.00 (N/A)	22.70	49.95	120.04%	Details
3/12/2012	Williams Financial Group » Updated 1/31/2013	New Coverage	Buy (N/A)	47.00 (40.00)	19.12	49.95	161.24%	Details
2/23/2012	UBS » Updated 3/12/2013	Downgrade	Neutral (N/A)	36.00 (30.00)	18.47	49.95	170.44%	Details

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