KKR & Co (KKR) Gets a Hold Rating from Deutsche Bank

In a report released today, Brian Bedell from Deutsche Bank maintained a Hold rating on KKR & Co (KKR), with a price target of $27.00. The company’s shares closed last Monday at $21.71, close to its 52-week low of $20.84.

According to TipRanks.com, Bedell is a 3-star analyst with an average return of 0.6% and a 44.3% success rate. Bedell covers the Financial sector, focusing on stocks such as Intercontinental Exchange, Apollo Global Management, and WisdomTree Investments.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for KKR & Co with a $36.60 average price target, which is a 63.9% upside from current levels. In a report issued on March 13, Morgan Stanley also maintained a Hold rating on the stock with a $30.00 price target.

See today’s analyst top recommended stocks >>

Based on KKR & Co’s latest earnings release for the quarter ending December 31, the company reported a quarterly net profit of $523 million. In comparison, last year the company had a GAAP net loss of $385 million.

Based on the recent corporate insider activity of 34 insiders, corporate insider sentiment is neutral on the stock.

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., Inc. engages in the provision of 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.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts