Kilroy Realty Corp. Earns Neutral Rating from Citigroup Inc. (KRC)
Kilroy Realty Corp. (NYSE:KRC)‘s stock had its “neutral” rating reaffirmed by stock analysts at Citigroup Inc. in a report issued on Friday. They currently have a $62.50 price target on the stock, up from their previous price target of $57.00. Citigroup Inc.’s target price would suggest a potential downside of 1.37% from the stock’s previous close.
Kilroy Realty Corp. (NYSE:KRC) traded down 0.17% on Friday, hitting $63.26. 115,511 shares of the company’s stock traded hands. Kilroy Realty Corp. has a 1-year low of $47.52 and a 1-year high of $63.88. The stock has a 50-day moving average of $62.34 and a 200-day moving average of $59.98. The company has a market cap of $5.205 billion and a price-to-earnings ratio of 35.66.
Kilroy Realty Corp. (NYSE:KRC) last released its earnings data on Monday, July 28th. The company reported $0.72 earnings per share for the quarter, beating the analysts’ 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 last year, the company posted $0.69 earnings per share. Kilroy Realty Corp.’s revenue was up 3.8% compared to the same quarter last year. On average, analysts predict that Kilroy Realty Corp. will post $2.76 earnings per share for the current fiscal year.
Several other analysts have also recently commented on the stock. Analysts at Deutsche Bank raised their price target on shares of Kilroy Realty Corp. from $66.00 to $67.00 in a research note on Thursday. They now have a “buy” rating on the stock. Two analysts have rated the stock with a hold rating and three have given a buy rating to the company. The company presently has an average rating of “Buy” and an average target price of $61.90.
Kilroy Realty Corporation is a self-administered real estate investment trust (NYSE:KRC).
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