TRI Pointe Group Inc (NYSE:TPH) Receives Average Rating of “Hold” from Brokerages

TRI Pointe Group Inc (NYSE:TPH) has earned an average rating of "Hold" from the twelve brokerages that are presently covering the stock, marketbeat ratings reports. Two research analysts have rated the stock with a sell rating, four have issued a hold rating and five have issued a buy rating on the company. The average 12-month [.]

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Zacks Investment Research cut shares of TRI Pointe Group (NYSE:TPH) from a hold rating to a sell rating in a research report sent to investors on Tuesday morning, Zacks.com reports.. According to Zacks, “TRI Pointe Group, Inc. is involved in the design, construction and sale of single-family homes.

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ValuEngine upgraded shares of TRI Pointe Group (NYSE:TPH) from a sell rating to a hold rating in a research note released on Wednesday, ValuEngine reports. A number of other equities research analysts have also recently weighed in on the stock. TheStreet cut shares of TRI Pointe Group from a b-.

Equities analysts expect that TRI Pointe Group Inc (NYSE:TPH) will post $736.94 million in sales for the current quarter, according to Zacks. Three analysts have made estimates for tri pointe group’s earnings, with the lowest sales estimate coming in at $650.50 million and the highest estimate coming in at $820.33 million.

TRI Pointe Group Inc (NYSE:TPH) reached a new 52-week high during trading on Wednesday . The stock traded as high as $14.59 and last traded at $14.57, with a volume of 8039 shares trading hands. The stock had previously closed at $14.24. A number of brokerages recently weighed in on TPH. TheStreet cut shares of [.]

Crescent Point Energy Corp (NYSE:CPG) (TSE:CPG) has been given an average rating of “Buy” by the eight brokerages that are currently covering the company, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, two have assigned a hold rating, four have assigned a buy rating and one has issued a strong buy rating on the company.

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 · TPH – analyst ratings, historical stock prices, earnings estimates & actuals for TRI Pointe Group Inc.. Updated stock price target summary.