Kite Realty Group Trust – Consensus Indicates Potential 23.9% Upside

Broker Ratings
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Kite Realty Group Trust with ticker code (KRG) have now 11 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 30 and 23 with a mean TP of 25.73. Now with the previous closing price of 20.76 this indicates there is a potential upside of 23.9%. The 50 day moving average now sits at 21.26 and the 200 day moving average is 21.03. The company has a market capitalisation of $4,558m. Company Website: https://www.kiterealty.com

The potential market cap would be $5,649m 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.

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