Watch for Continued Gains in Shares of Toll Brothers Inc. (TOL)

December 6, 2021 10:29:29

Shares of Toll Brothers Inc. (NYSE:TOL) traded at a new 52-week high today of $71.04. So far today approximately 378,000 shares have been exchanged, as compared to an average 30-day volume of 850,000 shares.

Over the past year, Toll Brothers Inc. has traded in a range of $41.22 to $71.04 and is now at $69.82, 69% above that low.

Toll Brothers Inc. (NYSE:TOL) defies analysts with a current price ($69.82) 35.2% above its average consensus price target of $45.28.

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.

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