KKR Rating Increased to Outperform at Zacks (KKR)
Zacks upgraded shares of KKR (NYSE: KKR) from a neutral rating to an outperform rating in a research report sent to investors on Wednesday morning. The firm currently has $20.50 price target on the stock.
KKR has been the subject of a number of other recent research reports. Analysts at Wedbush raised their price target on shares of KKR from $10.00 to $12.00 in a research note to investors on Monday, February 11th. They now have a neutral rating on the stock. Separately, analysts at BMO Capital Markets reiterated an outperform rating on shares of KKR in a research note to investors on Friday, February 8th. They now have a $20.00 price target on the stock, up previously from $19.00. Finally, analysts at BMO Capital Markets initiated coverage on shares of KKR in a research note to investors on Thursday, January 10th. They set an outperform rating and a $19.00 price target on the stock.
Twelve analysts have rated the stock with a buy rating, and two have given a hold rating to the company. KKR presently has an average rating of buy and a consensus target price of $19.96.
KKR (NYSE: KKR) traded down 0.26% on Wednesday, hitting $19.669. KKR has a 52-week low of $11.03 and a 52-week high of $20.00. The stock’s 50-day moving average is currently $17.98. The company has a market cap of $5.132 billion and a price-to-earnings ratio of 8.92.
KKR & Co L.P. (KKR) is a global investment company. The Company’s business offers a range of investment management services to its investors and provides capital markets services to its firm, its portfolio companies and its third-party clients.
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