Bank of America Corp. covered Kilroy Realty Corp (NYSE:KRC), bumping its target to $81.00 earlier today
- Updated: October 14, 2016
Bank of America Corp. bumped up the target of Kilroy Realty Corp (NYSE:KRC) to $81.00 indicating a possible upside of 0.21%.
Previously on Thursday September 01, 2016, Stifel Nicolaus reported on Kilroy Realty Corp (NYSE:KRC) increased the target price from $75.00 to $80.00. At the time, this indicated a possible upside of 0.10%.
Yesterday Kilroy Realty Corp (NYSE:KRC) traded 1.75% higher at $67.00. The company’s 50-day moving average is $69.54 and its 200-day moving average is $66.72. The last closing price is up 6.12% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time period. 260,612 shares of the stock traded hands, down from an average trading volume of 591,057
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Kilroy Realty Corp has a 52 week low of $46.76 and a 52 week high of $74.17 with a P/E ratio of 20.21 The company’s market cap is currently $0.
In addition to Bank of America Corp. reporting its stock price target, a total of 13 brokers have issued a research note on the company. The average stock price target is $70.31 with 3 brokers rating the stock a strong buy, 5 brokers rating the stock a buy, 7 brokers rating the stock a hold, 1 broker rating the stock a underperform, and finally 0 brokers rating the stock a sell.
General Information About Kilroy Realty Corp (NYSE:KRC)
Kilroy Realty Corporation is a self-administered real estate investment trust (REIT). The Company 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 greater Seattle. It operates in the office properties segment. The Company 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). The Company conducts all of its operations through the Operating Partnership. The Company's 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.
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