Toll Brothers Inc. (NYSE:TOL) traded at a new 52-week high today of $60.53. Approximately 1.6 million shares have changed hands today, as compared to an average 30-day volume of 1.9 million shares.
Toll Brothers is the leading luxury homebuilder in the United States with an average sales price well above public competitors’. The company operates in 50 markets across 24 states and caters to move-up, active-adult, and second-homebuyers. Traditional homebuilding operations represent most of company’s revenue. Toll Brothers also builds luxury for-sale and for-rent properties in urban centers, primarily on the East Coast. The company’s headquarters is in Horsham, Pennsylvania.
Over the past year, Toll Brothers Inc. has traded in a range of $19.00 to $60.53 and is now at $59.70, 214% above that low.
Based on a current price of $59.70, Toll Brothers Inc. is currently 9.8% above its average consensus analyst price target of $53.85.
Receive IBN Spotlights – “Bite Size” Small, Mid and Large-Cap Technical Indicator Alerts
To stay connected with our complimentary IBN Spotlights, please visit https://IBN.fm/connected
About InvestorBrandNetwork (IBN)
InvestorBrandNetwork (IBN) consists of 50+ trusted financial brands introduced to the investment public over the course of 15+ years. Through these brands, IBN provides (1) access to our Investor Press Release Wire Solutions via InvestorWire (IW) to reach all target markets, industries and demographics in the most effective manner possible; (2) article and editorial syndication to 5,000+ news outlets; (3) enhanced press release solutions via IW to ensure maximum impact; (4) full-scale distribution to an enormous social media audience that includes millions of followers; and (5) a full array of corporate communications solutions focused on the IBN Podcast Series. With a proven track record serving 500+ client partners, IBN is the key to a more effective market communication campaign.
For more information, please visit https://www.InvestorBrandNetwork.com
Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published: http://IBN.fm/Disclaimer