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Enter Symbol:
Rating: KBH
Mkt Perform $16

Kb Home (NYSE: KBH) reiterated to Mkt Perform with price target $16 by FBR Capital

Friday,  Sep 25, 2015  8:25 AM ET by Lynn Gilbert

FBR Capital reiterated Kb Home (NYSE: KBH) to Mkt Perform with price target
$16. Previously, FBR Capital rated Kb Home (NYSE: KBH) to Mkt Perform with price target $21 on 09/25/2013, when the stock price was valued at $17.87.

KB Home is a builder of single-family homes with domestic operations in several western states, and international operations in France. Domestically, the company builds innovatively designed homes which cater primarily to first-time homebuyers, generally in medium-sized developments close to major metropolitan areas. Internationally, the company also builds commercial projects and high density residential properties such as condominium complexes.

FBR Capital uses a highly disciplined analysis focused on intrinsic value, which we developed to critically examine the capital structure of the companies we cover, as well as their competitive positions and the growth opportunities within their industries. We apply this discipline – which helps us assess how effectively a company’s managers deploy the capital entrusted to them – not only in our published research but also when making investing and underwriting judgments.

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