The leading market experts have placed a mean price target of $31.05 on Kite Realty Group Trust (NYSE:KRG) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.52 a share for the upcoming quarter and $2.05 for the current fiscal.
The technical analysis of Kite Realty Group Trust Common plainly substantiates that the 50-day moving average of Kite Realty Group Trust Common is $29.01, and stock is trading $-0.34 points away or -1.16% from its 50-day moving average of $29.01. Further it is trading $0.93 or +3.36% away its 200-day moving average of $27.74. Kite Realty Group Trust (NYSE:KRG) 52-week high is $30.45 and the 52-week low is $22.82.
This explains if the stock moves $-1.78, it will post a 52-week high. In event of +25.64% decline, a 52-week low will be hit.
Taking the valuation aspect to emphasize the valuation of Kite Realty Group Trust Common , shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Kite Realty Group Trust (NYSE:KRG) ratio came in at 573.40.
The stock last ended the trading session at $28.67 and registered a market cap of $2.39B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Kite Realty Group Trust (NYSE:KRG) PEG ratio is at 3.03.
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