American Homes started at Outperform as Silver Bay is downgraded


In the single-family rental sector, KBW slides its chips over to American Home 4 Rent (AMH) from Silver Bay Realty Trust (SBY), starting the former at Outperform and downgrading the latter to Market Perform with price target cut to $17.50 from $20.

American Homes has outperformed Silver Bay by about 900 basis points since coming public last August. It's currently next in line for raising money through the launch of a bond backed by rental payments on its homes.

From other sites
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs