In a report released today, Craig Siegenthaler from Credit Suisse maintained a Buy rating on KKR & Co (NYSE: KKR), with a price target of $32. The company’s shares opened today at $22.25.
According to TipRanks.com, Siegenthaler is a 4-star analyst with an average return of 8.1% and a 66.7% success rate. Siegenthaler covers the Financial sector, focusing on stocks such as Janus Henderson Group plc, Raymond James Financial, and WisdomTree Investments.
Currently, the analyst consensus on KKR & Co is Strong Buy and the average price target is $26.33, representing a 18.3% upside.
In a report released yesterday, Oppenheimer also reiterated a Buy rating on the stock.
See today’s analyst top recommended stocks >>
KKR & Co’s market cap is currently $10.76B and has a P/E ratio of 11.35. The company has a book value ratio of 1.6057.
Based on the recent corporate insider activity of 14 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of KKR in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
KKR & Co. LP provides investment and private equity asset management services. It manages investments across multiple asset classes includes private equity, energy, infrastructure, real estate, credit and hedge funds. The firm operates business through four business segments: Private Markets, Public Markets, Capital Markets and Principal Activities.
