Kite Realty Group Trust – Consensus Indicates Potential 29.1% Upside

Broker Ratings
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Kite Realty Group Trust with ticker code (KRG) now have 10 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 28 and 20 with the average target price sitting at 24.95. Given that the stocks previous close was at 19.32 this would indicate that there is a potential upside of 29.1%. There is a 50 day moving average of 19.31 and the 200 moving average now moves to 20.8. The company has a market cap of $4,359m. Company Website: https://www.kiterealty.com

The potential market cap would be $5,630m 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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