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Sector Update: Consumer

Consumer shares were mixed ahead of the opening bell Monday.

In consumer stocks news, American Homes 4 Rent ( AMH ) reported Q3 core FFO per share of $0.15, flat vs. $0.15 per share reported last year. Net loss was $0.11 per share, vs. a year ago loss of $0.05 per share.

Shares in the company were unchanged at $17.53 during Monday's pre-market trading session. Over the past 52 weeks, the company has traded between $15.44 and $18.85.

Meanwhile coverage of social media network Facebook, Inc. ( FB ) has been initiated by analysts at Morgan Stanley with an overweight rating.

The price target on the stock has been set at $90 a share, which represents a potential upside of 20% from its Friday closing price.

Shares in the company were trading 0.71% higher at $75.52 during Monday's pre-market trading session. Over the past 52 weeks, the company has traded between $43.55 and $81.16.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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