Kite Realty Group Trust with ticker code (KRG) have now 11 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 30 and 24 calculating the average target price we see 26.73. Now with the previous closing price of 20.8 this would imply there is a potential upside of 28.5%. The day 50 moving average is 21.62 and the 200 moving average now moves to 21.43. The market cap for the company is $4,504m. Company Website: https://www.kiterealty.com
The potential market cap would be $5,788m 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.