KD Logo

AMH stock rated an Overweight by Morgan Stanley

American Homes 4 Rent’s recently made public that its Director CORRIGAN JACK E unloaded Company’s shares for reported $0.36 million on Feb 27 ’25. In the deal valued at $36.07 per share,10,000 shares were sold. As a result of this transaction, CORRIGAN JACK E now holds 97,928 shares worth roughly $3.56 million.

Then, CORRIGAN JACK E bought 10,000 shares, generating $360,700 in total proceeds.

Before that, Reitz Brian sold 6,714 shares. American Homes 4 Rent shares valued at $235,527 were divested by the Chief Accounting Officer at a price of $35.08 per share. As a result of the transaction, Reitz Brian now holds 26,010 shares, worth roughly $0.95 million.

Morgan Stanley upgraded its American Homes 4 Rent [AMH] rating to an Overweight from a an Equal-weight in a research note published on January 24, 2025; the price target was increased to $40 from $39. A number of analysts have revised their coverage, including Scotiabank’s analysts, who decreased its forecast for the stock in late January from “a Sector outperform” to “a Sector perform”. Deutsche Bank also remained covering AMH and has decreased its forecast on January 21, 2025 with a “Hold” recommendation from previously “Buy” rating. Barclays started covering the stock on December 17, 2024. It rated AMH as “an Equal weight”.

Price Performance Review of AMH

On Tuesday, American Homes 4 Rent [NYSE:AMH] saw its stock fall -2.44% to $36.40. Over the last five days, the stock has gained 3.00%. American Homes 4 Rent shares have fallen nearly -2.73% since the year began. Nevertheless, the stocks have fallen -0.45% over the past one year. While a 52-week high of $41.29 was reached on 02/28/25, a 52-week low of $34.01 was recorded on 01/23/25. SMA at 50 days reached $35.66, while 200 days put it at $37.04.

Levels Of Support And Resistance For AMH Stock

The 24-hour chart illustrates a support level at 35.95, which if violated will result in even more drops to 35.51. On the upside, there is a resistance level at 37.27. A further resistance level may holdings at 38.14. The Relative Strength Index (RSI) on the 14-day chart is 55.64, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.18, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 38.71%. Stochastics %K at 76.15% indicates the stock is a holding.

Most Popular