KKR & Co. L.P. (KKR) : The consensus on KKR & Co. L.P. (KKR) based on 8 analyst recommendation on the company stock is 1.75, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 5 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 3 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.
KKR & Co. L.P. (KKR) : The most positive equity analysts on KKR & Co. L.P. (KKR) expects the shares to touch $23, whereas, the least positive believes that the stock will trade at $14 in the short term. The company is covered by 7 Wall Street Brokerage Firms. The average price target for shares are $17.57 with an expected fluctuation of $3.05 from the mean.
For the current week, the company shares have a recommendation consensus of Buy. Also, Major Brokerage house, Barclays maintains its ratings on KKR & Co. L.P. (NYSE:KKR). In the latest research report, Barclays raises the target price from $16 per share to $17 per share. According to the latest information available, the shares are now rated Overweight by the analysts at the agency. The rating by the firm was issued on August 9, 2016.
KKR & Co. L.P. (NYSE:KKR): The stock opened at $14.83 and touched an intraday high of $15.12 on Wednesday. During the day, the stock corrected to an intraday low of $14.7, however, the bulls stepped in and pushed the price higher to close in the green at $15 with a gain of 1.08% for the day. The total traded volume for the day was 1,868,635. The stock had closed at $14.84 in the previous trading session.
KKR & CO. L.P. (KKR) is a global investment firm that manages investments across multiple asset classes, including private equity, energy, infrastructure, real estate, credit and hedge funds. The Companys business offers a range of investment management services to its fund investors and provides capital markets services to its firm, its portfolio companies and third parties. The Company operates through three segments: Private Markets, Public Markets, Capital Markets and Other, and Client & Partner Group. Through Private Markets segment, the Company manages and sponsors a group of private equity funds and co-investment vehicles that invest capital for long-term appreciation, either through controlling ownership of a company or strategic minority positions. The Company operates its combined credit and hedge funds businesses through the Public Markets segment. The Capital Markets and Other segment consist primarily of KKRs global capital markets business.