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

$23.67
-0.09 (-0.38%)
(As of 04:32 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

Based on 5 Wall Street analysts who have issued ratings for Kite Realty Group Trust in the last 12 months, the stock has a consensus rating of "Hold." Out of the 5 analysts, 1 has given a sell rating, 1 has given a hold rating, and 3 have given a buy rating for KRG.

Consensus Price Target

$26.00
9.84% Upside
High Forecast$30.00
Average Forecast$26.00
Low Forecast$23.00

According to the 5 analysts' twelve-month price targets for Kite Realty Group Trust, the average price target is $26.00. The highest price target for KRG is $30.00, while the lowest price target for KRG is $23.00. The average price target represents a forecasted upside of 9.84% from the current price of $23.67.

TypeCurrent Forecast
7/19/23 to 7/18/24
1 Month Ago
6/19/23 to 6/18/24
3 Months Ago
4/20/23 to 4/19/24
1 Year Ago
7/19/22 to 7/19/23
Consensus Rating
Hold
Hold
Hold
Moderate Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
1 Strong Buy rating(s)
Buy
3 Buy rating(s)
3 Buy rating(s)
3 Buy rating(s)
4 Buy rating(s)
Hold
1 Hold rating(s)
1 Hold rating(s)
2 Hold rating(s)
2 Hold rating(s)
Sell
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
Consensus Price Target$26.00$26.40$25.50$24.63
Forecasted Upside9.84% Upside23.32% Upside19.86% Upside19.79% Upside
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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
2.40
2.45
2.51
Consensus RatingHoldHoldModerate Buy
Predicted Upside9.38% Upside35.63% Upside7.90% Upside
News Sentiment RatingVery Positive News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
5/28/2024Wells Fargo & Company
3 of 5 stars
 Boost TargetUnderweight ➝ Underweight$22.00 ➝ $23.00+9.42%
4/18/2024Jefferies Financial Group
2 of 5 stars
 UpgradeHold ➝ Buy$23.00+14.48%
12/20/2023Piper Sandler
2 of 5 stars
 Boost TargetOverweight ➝ Overweight$28.00 ➝ $30.00+29.87%
9/5/2023Raymond James
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 DowngradeStrong-Buy ➝ Market Perform
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%
1/5/2023Robert W. Baird
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 DowngradeOutperform ➝ Neutral$26.00 ➝ $25.00+18.93%
9/19/2022Citigroup
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 UpgradeNeutral ➝ Buy$20.00 ➝ $22.00+15.85%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 06:55 PM ET.

KRG Forecast - Frequently Asked Questions

What is Kite Realty Group Trust's forecast for 2024?

According to the research reports of 5 Wall Street equities research analysts, the average twelve-month stock price forecast for Kite Realty Group Trust is $26.00, with a high forecast of $30.00 and a low forecast of $23.00.

Should I buy or sell Kite Realty Group Trust stock right now?

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Kite Realty Group Trust in the last year. There is currently 1 sell rating, 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" KRG shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in KRG, but not buy additional shares or sell existing shares.

Does Kite Realty Group Trust's stock price have much upside?

According to analysts, Kite Realty Group Trust's stock has a predicted upside of 21.21% based on their 12-month stock forecasts.

What analysts cover Kite Realty Group Trust?

Kite Realty Group Trust has been rated by research analysts at Wells Fargo & Company in the past 90 days.

Do Wall Street analysts like Kite Realty Group Trust more than its competitors?

Analysts like Kite Realty Group Trust less than other "finance" companies. The consensus rating score for Kite Realty Group Trust is 2.40 while the average consensus rating score for "finance" companies is 2.45. Learn more on how KRG compares to other companies.


This page (NYSE:KRG) was last updated on 7/18/2024 by MarketBeat.com Staff

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