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Kite Realty Group Trust (KRG) Stock Forecast & Price Target

Kite Realty Group Trust logo
$26.69 -0.15 (-0.56%)
(As of 11/15/2024 08:54 PM ET)

Kite Realty Group Trust - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
0
Hold
2
Buy
5

Based on 7 Wall Street analysts who have issued ratings for Kite Realty Group Trust in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 7 analysts, 2 have given a hold rating, 4 have given a buy rating, and 1 has given a strong buy rating for KRG.

Consensus Price Target

$28.86
8.12% Upside
According to the 7 analysts' twelve-month price targets for Kite Realty Group Trust, the average price target is $28.86. The highest price target for KRG is $33.00, while the lowest price target for KRG is $23.00. The average price target represents a forecasted upside of 8.12% from the current price of $26.69.

KRG Analyst Ratings Over Time

TypeCurrent Forecast
11/19/23 to 11/18/24
1 Month Ago
10/20/23 to 10/19/24
3 Months Ago
8/21/23 to 8/20/24
1 Year Ago
11/19/22 to 11/19/23
Strong Buy
1 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
4 Buy rating(s)
4 Buy rating(s)
4 Buy rating(s)
2 Buy rating(s)
Hold
2 Hold rating(s)
2 Hold rating(s)
1 Hold rating(s)
3 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
Consensus Price Target$28.86$28.00$26.57$25.57
Forecasted Upside8.12% Upside5.90% Upside5.53% Upside23.71% Upside
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Hold

KRG Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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KRG Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Kite Realty Group Trust Stock vs. The Competition

TypeKite Realty Group TrustFinance CompaniesS&P 500
Consensus Rating Score
2.86
2.49
2.50
Consensus RatingModerate BuyHoldModerate Buy
Predicted Upside8.12% Upside12.17% Upside9.87% Upside
News Sentiment Rating
Positive News

See Recent KRG News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
11/15/2024Robert W. Baird
2 of 5 stars
 Boost TargetNeutral ➝ Neutral$26.00 ➝ $29.00+8.05%
11/12/2024KeyCorp
3 of 5 stars
 Boost TargetOverweight ➝ Overweight$28.00 ➝ $31.00+12.93%
9/4/2024Compass Point
5 of 5 stars
 Boost TargetBuy ➝ Buy$29.00 ➝ $32.00+23.55%
9/3/2024Piper Sandler
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 Boost TargetOverweight ➝ Overweight$30.00 ➝ $33.00+26.53%
8/28/2024Wells Fargo & Company
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D. Kesten
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UpgradeUnderweight ➝ Equal Weight$23.00 ➝ $26.00+0.15%
8/16/2024Raymond James
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R. Milligan
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UpgradeMarket Perform ➝ Strong-Buy$28.00+11.96%
4/18/2024Jefferies Financial Group
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 UpgradeHold ➝ Buy$23.00+14.48%
8/22/2023Bank of America
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 Boost TargetBuy ➝ Buy$26.00 ➝ $28.00+29.69%
6/21/2023Barclays
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 Boost Target$27.00 ➝ $28.00+32.86%
4/24/2023JPMorgan Chase & Co.
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 Initiated CoverageNeutral$23.00+8.70%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Monday at 09:32 AM ET.


KRG Forecast - Frequently Asked Questions

According to the research reports of 7 Wall Street equities research analysts, the average twelve-month stock price forecast for Kite Realty Group Trust is $28.86, with a high forecast of $33.00 and a low forecast of $23.00.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Kite Realty Group Trust in the last year. There are currently 2 hold ratings, 4 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" KRG shares.

According to analysts, Kite Realty Group Trust's stock has a predicted upside of 8.12% based on their 12-month stock forecasts.

Over the previous 90 days, Kite Realty Group Trust's stock had 1 upgrade by analysts.

Kite Realty Group Trust has been rated by research analysts at Compass Point, KeyCorp, Piper Sandler, Robert W. Baird, and Wells Fargo & Company in the past 90 days.

Analysts like Kite Realty Group Trust more than other "finance" companies. The consensus rating for Kite Realty Group Trust is Moderate Buy while the average consensus rating for "finance" companies is Hold. Learn more on how KRG compares to other companies.


This page (NYSE:KRG) was last updated on 11/18/2024 by MarketBeat.com Staff
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