Realogy Receives a Buy from Piper Jaffray

In a report released today, Jason Deleeuw from Piper Jaffray reiterated a Buy rating on Realogy (NYSE: RLGY), with a price target of $33. The company’s shares opened today at $25.85.

According to TipRanks.com, Deleeuw is a 4-star analyst with an average return of 9.2% and a 65.8% success rate. Deleeuw covers the Financial sector, focusing on stocks such as Fidelity National Financial Ventures, Fidelity National Financial, and New Residential Inv.

Currently, the analyst consensus on Realogy is Moderate Buy and the average price target is $31.75, representing a 22.8% upside.

In a report issued on February 21, Stephens also reiterated a Buy rating on the stock with a $33 price target.

Realogy’s market cap is currently $3.34B and has a P/E ratio of 14.80. The company has a book value ratio of 1.3573.

Based on the recent corporate insider activity of 120 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of RLGY in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Realogy Holdings Corp. is a residential real estate franchising and brokerage company. It operates through the following segments: Real Estate Franchise; Company Owned Real Estate Brokerage; Relocation, and Title and Settlement.