Raymond James analyst RJ Milligan maintained a Buy rating on Kite Realty Group (NYSE:KRG) on Monday, setting a price target of $24, which is approximately 12.25% above the present share price of $21.38.
Milligan expects Kite Realty Group to post earnings per share (EPS) of -$0.08 for the second quarter of 2021.
The current consensus among 5 TipRanks analysts is for a Moderate Buy rating of shares in Kite Realty Group, with an average price target of $22.17.
The analysts price targets range from a high of $24 to a low of $20.5.
In its latest earnings report, released on 12/31/2020, the company reported a quarterly revenue of $68.36 million and a net profit of $5.81 million. The company's market cap is $1.81 billion.
According to TipRanks.com, Raymond James analyst RJ Milligan is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 13.9% and a 71.76% success rate.
Kite Realty Group Trust operates as a real estate investment trust. It engages in the ownership, operation, acquisition, development, and redevelopment of neighborhood and community shopping centers in selected markets in the United States. The company was founded on August 16, 2004 and is headquartered in Indianapolis, IN.