Kite Realty Group Trust – Consensus Indicates Potential 53.6% Upside

Broker Ratings
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Kite Realty Group Trust with ticker code (KRG) now have 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 with a mean TP of 26.73. Now with the previous closing price of 17.4 this would indicate that there is a potential upside of 53.6%. There is a 50 day moving average of 21.15 and the 200 moving average now moves to 21.38. The market cap for the company is $3,935m. You can visit the company’s website by visiting: https://www.kiterealty.com

The potential market cap would be $6,045m 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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