What 4 Analyst Ratings Have To Say About Kite Realty Gr Trust
Portfolio Pulse from Benzinga Insights
Analysts have mixed ratings for Kite Realty Group Trust (NYSE:KRG), with recent upgrades in price targets. The average 12-month price target is $26.25, reflecting a 9.38% increase. Despite positive revenue growth, KRG faces challenges with low net margin, ROE, and ROA.
August 20, 2024 | 12:00 pm
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Kite Realty Group Trust (NYSE:KRG) has received mixed analyst ratings, with recent upgrades in price targets. The average 12-month price target is now $26.25, a 9.38% increase from the previous $24.00. Despite positive revenue growth, KRG faces challenges with low net margin, ROE, and ROA.
The increase in average price target suggests a positive outlook from analysts, which could lead to a short-term price increase. However, the company's financial challenges, such as low net margin and ROE, may limit the extent of this positive impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100