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6 pts

Opinion on  KB Home (KBH)     Sector: Capital Goods  >  Industry: Construction Services
KBH is a BUY

Apr 26, 2007 01:41 PM GMT

Recent outperforms and the fact that it is now trading at 21.18% below it's 52 week high


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KB Home is a builder of single-family homes with operations in the United States and France. In the United States, the Company operates in Arizona, California, Colorado, Florida, Georgia, Illinois, Indiana, Louisiana, Maryland, Nevada, New Mexico, North Carolina, South Carolina, Texas and Virginia. In France, KB Home operates through its 49%-owned subsidiary, Kaufman & Broad S.A. (KBSA), which also develops commercial and residential projects, such as condominium complexes. It also offers mortgage services through Countrywide KB Home Loans, its 50%-owned joint venture with Countrywide Financial Corporation. Through its wholly owned financial services subsidiary, KB Home Mortgage Company, KB Home provides title, insurance and escrow coordination services to its domestic homebuyers. The Company operates in six segments consisting of five construction segments and one financial services segment. KB Home’s five construction segments are West Coast, Southwest, Central, Southeast and France


KBH:  This call was made on 04/26/07 @ $44.69
Rating:   Positive   $44.69 (04/26/07)
Gain/Loss:   -66.64% in 927 days
Target:   $55.00 (+23.07%)
Allocation:   5.2% of portfolio


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