Kite Realty Group Trust with ticker code (KRG) have now 9 market analysts covering the stock. The analyst consensus now points to a rating of ‘Buy’. The range between the high target price and low target price is between 27 and 21 suggesting an average Analsyt target price of $25.00. Given that the stocks previous close was at $19.51 this is indicating there is a potential upside of 28.1%. The 50 day moving average now sits at $21.10 and the 200 day MA is $20.03. The company has a market cap of $4,482m. Visit the company website at: https://www.kiterealty.com
The potential market cap would be $5,743m based on the market consensus.
Kite Realty Group Trust is a full-service, vertically integrated real estate investment trust (REIT) that provides communities with convenient and beneficial shopping experiences. We connect consumers to retailers in desirable markets through our portfolio of neighborhood, community, and lifestyle centers. Using operational, development, and redevelopment expertise, we continuously optimize our portfolio to maximize value and return to our shareholders.
The company has a dividend yield of 4.92% with the ex dividend date set at 5-4-2023 (DMY).