KKR Real Estate Finance Trust Inc (NYSE:KREF) has received an average rating of “Hold” from the six analysts that are currently covering the firm, Marketbeat Ratings reports. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is $22.50.
A number of brokerages have weighed in on KREF. Zacks Investment Research downgraded shares of KKR Real Estate Finance Trust from a “hold” rating to a “sell” rating in a report on Thursday, February 8th. JPMorgan Chase & Co. downgraded shares of KKR Real Estate Finance Trust from a “neutral” rating to an “underweight” rating and set a $23.00 price objective for the company. in a report on Tuesday, February 6th. Barclays began coverage on shares of KKR Real Estate Finance Trust in a report on Friday, January 19th. They set an “overweight” rating for the company. Keefe, Bruyette & Woods reaffirmed a “hold” rating and set a $22.00 price objective on shares of KKR Real Estate Finance Trust in a report on Friday, November 10th. Finally, ValuEngine raised shares of KKR Real Estate Finance Trust from a “hold” rating to a “buy” rating in a report on Friday, December 29th.
Shares of KKR Real Estate Finance Trust (KREF) opened at $18.80 on Tuesday. The company has a quick ratio of 1,736.11, a current ratio of 1,736.11 and a debt-to-equity ratio of 0.71. KKR Real Estate Finance Trust has a 1-year low of $18.09 and a 1-year high of $23.99.
COPYRIGHT VIOLATION WARNING: This news story was originally reported by American Banking News and is the sole property of of American Banking News. If you are reading this news story on another site, it was copied illegally and reposted in violation of United States and international trademark and copyright laws. The correct version of this news story can be viewed at https://www.americanbankingnews.com/2018/02/13/kkr-real-estate-finance-trust-inc-kref-given-average-rating-of-hold-by-brokerages.html.
KKR Real Estate Finance Trust Company Profile
KKR Real Estate Finance Trust Inc is a real estate finance company that focuses primarily on originating and acquiring senior mortgage loans secured by commercial real estate assets (CRE). KKR manages investments across multiple asset classes, including private equity, real estate, energy, infrastructure, credit and hedge funds.
Receive News & Ratings for KKR Real Estate Finance Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for KKR Real Estate Finance Trust and related companies with MarketBeat.com's FREE daily email newsletter.