Recently, Kilroy Realty Corp (Symbol: KRC) saw its shares rise above the average analyst 12-month target price of $40.50, trading at $40.65 per share. When stocks reach their target price, analysts typically respond by either downgrading their rating due to valuation or adjusting their price target higher. The analysts’ response often reflects the company’s evolving business situation. If the outlook is positive, raising the target price may be warranted.
Within the Zacks coverage universe, there are 14 different analyst targets contributing to Kilroy’s average. This average represents a composite view, rather than a single expert’s opinion. Some analysts predict a lower target of $33.00, while others foresee a price as high as $45.00, showcasing a standard deviation of $3.838.
Investigating the average KRC price target allows investors to tap into a “wisdom of crowds” effect, taking into account various expert opinions. With KRC trading above the average target price of $40.50, investors are prompted to evaluate the company’s prospects. Is $40.50 merely a stepping stone to higher targets, or has the stock reached a valuation peak that justifies taking profits? Below is a table outlining the latest analyst ratings for Kilroy Realty Corp:
| Recent KRC Analyst Ratings Breakdown | ||||
|---|---|---|---|---|
| » | Current | 1 Month Ago | 2 Months Ago | 3 Months Ago |
| Strong buy ratings: | 5 | 5 | 5 | 5 |
| Buy ratings: | 0 | 0 | 0 | 0 |
| Hold ratings: | 10 | 11 | 11 | 11 |
| Sell ratings: | 0 | 0 | 0 | 0 |
| Strong sell ratings: | 1 | 0 | 0 | 0 |
| Average rating: | 2.5 | 2.38 | 2.38 | 2.38 |
The average rating in the table ranges from 1 to 5, where 1 is Strong Buy and 5 is Strong Sell. This analysis utilized data provided by Zacks Investment Research via Quandl.com. To access the latest Zacks research report on KRC, you can do so for free.
The Top 25 Broker Analyst Picks of the S&P 500 »
Also see:
• MNOV Insider Buying
• ROB Videos
• ODT Stock Predictions
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
