Deutsche Bank Increases Kilroy Realty Corp. Price Target to $67.00 (KRC)
Deutsche Bank upped their price objective on shares of Kilroy Realty Corp. (NYSE:KRC) from $66.00 to $67.00 in a research note issued on Thursday. Deutsche Bank’s price objective would indicate a potential upside of 5.73% from the stock’s previous close.
Separately, analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Kilroy Realty Corp. in a research note on Friday, May 23rd. They now have a $63.00 price target on the stock, up previously from $62.00.
Kilroy Realty Corp. (NYSE:KRC) opened at 63.60 on Thursday. Kilroy Realty Corp. has a 52 week low of $47.52 and a 52 week high of $63.67. The stock has a 50-day moving average of $62.31 and a 200-day moving average of $59.95. The company has a market cap of $5.233 billion and a P/E ratio of 35.66.
Kilroy Realty Corp. (NYSE:KRC) last announced its earnings results on Monday, July 28th. The company reported $0.72 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.70 by $0.02. The company had revenue of $129.19 million for the quarter, compared to the consensus estimate of $117.10 million. During the same quarter in the prior year, the company posted $0.69 earnings per share. The company’s quarterly revenue was up 3.8% on a year-over-year basis. Analysts expect that Kilroy Realty Corp. will post $2.76 EPS for the current fiscal year.
Kilroy Realty Corporation is a self-administered real estate investment trust (NYSE:KRC).