Kite Realty Group Trust with ticker code (KRG) now have 9 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 27 and 22 calculating the average target price we see 24.89. Given that the stocks previous close was at 22.2 this would indicate that there is a potential upside of 12.1%. The 50 day moving average now sits at 21.4 and the 200 moving average now moves to 20.04. The company has a market capitalisation of $5,020m. Company Website: https://www.kiterealty.com
The potential market cap would be $5,629m based on the market concensus.
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.