LEGACY HSG CORP/SH (LEGH) Receives Consensus Recommendation of “Strong Buy” from Brokerages
LEGACY HSG CORP/SH (NASDAQ:LEGH) has received an average broker rating score of 1.00 (Strong Buy) from the two analysts that provide coverage for the stock, Zacks Investment Research reports. Two equities research analysts have rated the stock with a strong buy recommendation.
Brokerages have set a one year consensus target price of $18.50 for the company and are predicting that the company will post $0.24 EPS for the current quarter, according to Zacks. Zacks has also given LEGACY HSG CORP/SH an industry rank of 172 out of 256 based on the ratings given to its competitors.
LEGH has been the subject of a number of research reports. Oak Ridge Finl. reissued a “buy” rating on shares of LEGACY HSG CORP/SH in a research report on Tuesday, January 8th. B. Riley initiated coverage on shares of LEGACY HSG CORP/SH in a research report on Tuesday, January 8th. They issued a “buy” rating and a $17.00 price target for the company.
In other LEGACY HSG CORP/SH news, Director Mark E. Bennett acquired 7,406 shares of the company’s stock in a transaction on Tuesday, December 18th. The shares were bought at an average cost of $12.00 per share, for a total transaction of $88,872.00. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Mark E. Bennett acquired 27,000 shares of the company’s stock in a transaction on Friday, December 14th. The stock was acquired at an average price of $12.00 per share, for a total transaction of $324,000.00. The disclosure for this purchase can be found here.
About LEGACY HSG CORP/SH
Legacy Housing Corporation builds, sells, and finances manufactured homes and tiny houses primarily in the southern United States. It manufactures and provides services for the transport of mobile homes; offers wholesale financing services to dealers and mobile home parks; and provides retail financing services to consumers.
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