Published On: Wed, Oct 19th, 2016

Kite Realty Group Trust (NYSE:KRG) Latest Broker Coverage


A number of investment brokers have recently updated their price targets on shares of Kite Realty Group Trust (NYSE:KRG).

Most recent broker ratings

08/25/2016 – BTIG Research began new coverage on Kite Realty Group Trust giving the company a “buy” rating. They now have a USD 35 price target on the stock.

08/01/2016 – Kite Realty Group Trust was downgraded to “neutral” by analysts at Hilliard Lyons.

07/22/2016 – Barclays began new coverage on Kite Realty Group Trust giving the company a “overweight” rating. They now have a USD 33 price target on the stock.

05/02/2016 – Kite Realty Group Trust was downgraded to “outperform” by analysts at Raymond James. They now have a USD 30 price target on the stock.

04/01/2016 – D.A. Davidson began new coverage on Kite Realty Group Trust giving the company a “buy” rating. They now have a USD 33 price target on the stock.

01/07/2016 – Kite Realty Group Trust was downgraded to “neutral” by analysts at Robert W. Baird. They now have a USD 28 price target on the stock.

12/17/2015 – Kite Realty Group Trust was downgraded to “sector weight” by analysts at KeyBanc.

04/22/2015 – Kite Realty Group Trust had its “hold” rating reiterated by analysts at Sandler O’Neill.

03/20/2015 – Kite Realty Group Trust had its “buy” rating reiterated by analysts at Citigroup. They now have a USD 32 price target on the stock.

01/20/2015 – Cowen began new coverage on Kite Realty Group Trust giving the company a “market perform” rating. They now have a USD 33 price target on the stock.

01/05/2015 – Kite Realty Group Trust had its “buy” rating reiterated by analysts at Stifel Nicolaus. They now have a USD 31 price target on the stock.

07/08/2014 – Wells Fargo began new coverage on Kite Realty Group Trust giving the company a “market perform” rating.

The share price of Kite Realty Group Trust (NYSE:KRG) was up +0.34% during the last day of trading, with a day high of 26.54. 145662 shares were traded during the last session.

The stock’s 50 day moving average is 27.60 and its 200 day moving average is 27.89. The stock’s market capitalization is 2.19B. Kite Realty Group Trust has a 52-week low of 23.75 and a 52-week high of 30.45.

Kite Realty Group Trust is a real estate investment trust. The Company, through its subsidiary Kite Realty Group, L.P., holds interests in various operating subsidiaries and joint ventures engaged in the ownership, operation, acquisition, development and redevelopment of neighborhood and community shopping centers in certain markets in the United States. The Company holds interests in approximately three development projects under construction, and over six redevelopment projects. The Company holds interests in approximately 110 retail operating properties totaling over 20 million square feet of gross leasable area located in approximately 20 states. The Company’s properties include Clay Marketplace and Trussville Promenade in Birmingham, Alabama; The Corner in Tucson, Arizona; Rampart Commons in Las Vegas, Nevada; Merrimack Village Center in Merrimack, New Hampshire; Bayonne Crossing in Bayonne, New Jersey, and Memorial Commons in Golsboro, North Carolina.