Kilroy Realty Corporation (KRC) : 5 brokerage houses believe that Kilroy Realty Corporation (KRC) is a Strong Buy at current levels. 3 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Kilroy Realty Corporation (KRC). Zacks Investment Research suggests a Hold with a rank of 3.The median of all the 8 Wall Street Analysts endorse the stock as a Buy with a rating of 1.75.
Kilroy Realty Corporation (KRC) : The consensus price target for Kilroy Realty Corporation (KRC) is $76.67 for the short term with a standard deviation of $3.93. The most optimist securities analyst among the 6 who monitor the stock believes that the stock can reach $80, however, the pessimist price target for the company is $70.
For the current week, the company shares have a recommendation consensus of Buy. Also, BTIG Research initiates coverage on Kilroy Realty Corporation (NYSE:KRC) In a research note issued to the investors, the brokerage major announces price-target of $80 per share.The shares have been rated Buy. The rating by the firm was issued on August 25, 2016.
Kilroy Realty Corporation (NYSE:KRC): The stock opened at $72.84 and touched an intraday high of $73.73 on Wednesday. During the day, the stock corrected to an intraday low of $72.18, however, the bulls stepped in and pushed the price higher to close in the green at $73.73 with a gain of 1.17% for the day. The total traded volume for the day was 389,217. The stock had closed at $72.88 in the previous trading session.
Kilroy Realty Corporation is a self-administered real estate investment trust (REIT) that focuses on office submarkets in the West Coast. The Company owns, develops, acquires and manages real estate assets consisting of Class A real estate properties in the coastal regions of Los Angeles, Orange County, San Diego County, the San Francisco Bay Area and Seattle. Its stabilized portfolio includes all of its properties with the exception of development and redevelopment properties under construction or committed for construction, lease-up properties, undeveloped land, and real estate assets held for sale. Its stabilized portfolio consists of 111 office properties, which has approximately 14 million rentable square feet. It owns its interests in all of its real estate assets through Kilroy Realty, L.P. (the Operating Partnership) and Kilroy Realty Finance Partnership, L.P. (the Finance Partnership). It conducts substantially all of its operations through the Operating Partnership.