UPDATE - UBS Downgraded Ryland Homes (RYL) to Neutral; Valuation Call
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Price: $40.83 --0%
Rating Summary:
11 Buy, 9 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 7 | Down: 16 | New: 37
Rating Summary:
11 Buy, 9 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 7 | Down: 16 | New: 37
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UPDATE - UBS downgraded Ryland Homes (NYSE: RYL) from Buy to Neutral. PT unchanged at $20.
UBS analyst says, "Since the end of Sept. RYL has risen 73%, ahead of the 54% group average and the S&P 500 up 20% over the same time. In turn, the stock now trades at 1.5x current book value. Although the company’s defensive operating strategy—with a limited legacy land position and ample
financial liquidity—leaves it well positioned through the cycle, we believe upside is limited from current levels. As such, we are reducing our rating."
To see more ratings on RYL, Click Here
UBS analyst says, "Since the end of Sept. RYL has risen 73%, ahead of the 54% group average and the S&P 500 up 20% over the same time. In turn, the stock now trades at 1.5x current book value. Although the company’s defensive operating strategy—with a limited legacy land position and ample
financial liquidity—leaves it well positioned through the cycle, we believe upside is limited from current levels. As such, we are reducing our rating."
To see more ratings on RYL, Click Here
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