KeyBanc Upgrades Ryland Group (RYL) to Buy
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Price: $40.83 --0%
Rating Summary:
11 Buy, 9 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 5 | Down: 11 | New: 26
Rating Summary:
11 Buy, 9 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 5 | Down: 11 | New: 26
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KeyBanc upgraded Ryland Group (NYSE: RYL) from Hold to Buy with a price target of $43.00.
The firm comments, "We think builders like RYL and LEN that committed to growing community count in 2013 (15-20% and 15%, respectively) will outperform other builders' order trends. We think community growth reflects company-specific catalysts tied to effective capital deployment, supporting a higher sales pace and gross margins."
For an analyst ratings summary and ratings history on Ryland Group click here. For more ratings news on Ryland Group click here.
Shares of Ryland Group closed at $34.51 yesterday.
The firm comments, "We think builders like RYL and LEN that committed to growing community count in 2013 (15-20% and 15%, respectively) will outperform other builders' order trends. We think community growth reflects company-specific catalysts tied to effective capital deployment, supporting a higher sales pace and gross margins."
For an analyst ratings summary and ratings history on Ryland Group click here. For more ratings news on Ryland Group click here.
Shares of Ryland Group closed at $34.51 yesterday.
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