KKR Receives New Coverage from Analysts at Deutsche Bank (KKR)
Stock analysts at Deutsche Bank started coverage on shares of KKR (NYSE:KKR) in a report issued on Tuesday, Stock Ratings Network reports. The firm set a “hold” rating on the stock.
KKR (NYSE:KKR) traded up 0.92% during mid-day trading on Tuesday, hitting $24.22. 1,657,987 shares of the company’s stock traded hands. KKR has a 52-week low of $16.88 and a 52-week high of $26.50. The stock has a 50-day moving average of $24.99 and a 200-day moving average of $22.16. The company has a market cap of $6.979 billion and a P/E ratio of 13.54.
A number of other firms have also recently commented on KKR. Analysts at Zacks downgraded shares of KKR from an “outperform” rating to a “neutral” rating in a research note to investors on Wednesday, December 25th. They now have a $27.00 price target on the stock. Separately, analysts at Morgan Stanley upgraded shares of KKR from an “equal weight” rating to an “overweight” rating in a research note to investors on Thursday, November 14th. They now have a $27.00 price target on the stock, up previously from $24.00. Six research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. KKR has an average rating of “Buy” and a consensus price target of $23.36.
KKR & Co L.P. (NYSE:KKR) is a global investment company.
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