Kite Realty Group Trust with ticker code (KRG) have now 10 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The target price High/Low ranges between 28 and 20 calculating the average target price we see $24.90. Now with the previous closing price of $20.48 and the analysts are correct then there would likely be a percentage uptick in value of 21.6%. There is a 50 day moving average of $20.29 and the 200 day moving average is $20.46. The total market capitalization for the company now stands at 4.52B. The current stock price for Targa Resources Corp. is currently 20.31 USD
The potential market cap would be $5,490,804,203 based on the market consensus.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 507.75, revenue per share of 3.72 and a 0.76% return on assets.
Kite Realty Group Trust is a real estate investment trust (REIT). The Company, through its subsidiary, Kite Realty Group, L.P., is engaged in the ownership, operation, acquisition, development and redevelopment of open-air shopping centers and mixed-use assets. The Company’s primarily grocery-anchored portfolio is located in Sun Belt and various markets in the United States. The Company collects contractual rents and reimbursement payments from tenants under existing lease agreements at each of its properties. The Company owns interests in approximately 183 operating retail properties totaling approximately 28.8 million square feet and one office property with 0.3 million square feet. Of the 183 operating retail properties, 11 contain an office component. The Company also owns three development projects under construction as of this date. The Company’s subsidiary is Kite Realty Group, L.P.
