Shares of Toll Brothers Inc. (NYSE:TOL) traded at a new 52-week high today of $69.72. Approximately 170,000 shares have changed hands today, as compared to an average 30-day volume of 841,000 shares.
Based on a current price of $68.74, Toll Brothers Inc. is currently 37.6% above its average consensus analyst price target of $42.88.
Toll Brothers is the leading luxury homebuilder in the United States with an average sale price well above public competitors’. The company operates in 50 markets across 24 states and caters to move-up, active-adult, and second-home buyers. 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. It has its headquarters in Horsham, Pennsylvania.
Toll Brothers Inc. share prices have moved between a 52-week high of $69.72 and a 52-week low of $41.22 and are now trading 67% above that low price at $68.74 per share.
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