NEW YORK, June 6, 2017 /PRNewswire/ --
On Monday, June 05, 2017, US markets saw broad based losses with eight out of nine sectors finishing the trading sessions in red. Major US indices were also bearish at the close of yesterday's session. The NASDAQ Composite ended the day at 6,295.68, down 0.16%; the Dow Jones Industrial Average edged 0.10% lower, to finish at 21,184.04; and the S&P 500 closed at 2,436.10, down 0.12%. This Tuesday morning, DailyStockTracker.com looks at the performance of these four Real Estate Development stocks: Invitation Homes Inc. (NYSE: INVH), Brookfield Asset Management Inc. (NYSE: BAM), Forestar Group Inc. (NYSE: FOR), and Summit Hotel Properties Inc. (NYSE: INN). This morning's free research reports on the aforesaid equities can be accessed upon registration on DailyStockTracker.com at:
Dallas, Texas headquartered Invitation Homes Inc.'s stock finished Monday's session 1.60% lower at $21.58. A total volume of 1.27 million shares was traded, which was above their three months average volume of 1.21 million shares. The Company's shares have advanced 1.79% in the past month and 7.90% on an YTD basis. The stock is trading above its 200-day moving average by 0.56%. Furthermore, shares of Invitation Homes, which focuses on owning, renovating, leasing, and operating single-family residential properties in the US, have a Relative Strength Index (RSI) of 50.26.
On June 05th, 2017, research firm Evercore ISI initiated an 'Outperform' rating on the Company's stock, with a target price of $24 per share. Visit us today and download your complete report on INVH for free at:
Brookfield Asset Management
Shares in Toronto, Canada-based Brookfield Asset Management Inc. ended at $38.21, up 0.69% from the last trading session. The stock recorded a trading volume of 597,575 shares. The Company's shares have gained 2.33% in the last one month, 6.43% in the previous three months, and 15.75% on an YTD basis. The stock is trading 2.79% above its 50-day moving average and 8.41% above its 200-day moving average. Moreover, shares of Brookfield Asset Management, which through its subsidiaries, the firm invests in the property, power, and infrastructure sectors, have an RSI of 57.22. The complimentary research report on BAM can be accessed at:
Austin, Texas headquartered Forestar Group Inc.'s stock ended yesterday's session 12.68% higher at $16.00. A total volume of 12.94 million shares was traded, which was above their three months average volume of 633,640 shares. The Company's shares have advanced 13.07% in the past month, 22.14% over the previous three months, and 20.30% on an YTD basis. The stock is trading 14.08% and 24.23% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Forestar Group, which operates as a real estate company, have an RSI of 92.76. Register for free on DailyStockTracker.com and download the research report on FOR at:
Summit Hotel Properties
On Monday, shares in Sioux Falls, South Dakota-based Summit Hotel Properties Inc. recorded a trading volume of 849,373 shares. The stock finished 1.04% lower at $18.11. The Company's shares have advanced 7.03% in the last one month, 17.67% in the previous three months, and 12.98% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 8.81% and 19.86%, respectively. Furthermore, shares of Summit Hotel Properties, which engages in acquiring, owning, renovating, repositioning, and asset-managing and selling premium-branded limited-service and select-service hotels in the upscale and midscale without food and beverage segments of the US lodging industry, have an RSI of 68.78.
On May 25th, 2017, research firm Canaccord Genuity reiterated its 'Buy' rating on the Company's stock with an increase of the target price from $18 a share to $20 a share. Get free access to your research report on INN at:
Daily Stock Tracker:
Daily Stock Tracker (DST) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. DST has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.
DST has not been compensated; directly or indirectly; for producing or publishing this document.
PRESS RELEASE PROCEDURES:
The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email firstname.lastname@example.org. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by DST. DST is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.
DST, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. DST, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, DST, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
NOT AN OFFERING
This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither DST nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit
For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Phone number: (207)331-3313
Office Address: 377 Rivonia Boulevard, Rivonia, South Africa
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Chelmsford Park SA