Kite Realty Group Trust – Consensus Indicates Potential 26.4% Upside

Broker Ratings
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Kite Realty Group Trust with ticker code (KRG) have now 10 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The range between the high target price and low target price is between 28 and 18 and has a mean target at 24.3. Given that the stocks previous close was at 19.22 this would imply there is a potential upside of 26.4%. The day 50 moving average is 18.75 and the 200 moving average now moves to 20.91. The market cap for the company is $4,358m. Company Website: https://www.kiterealty.com

The potential market cap would be $5,510m 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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