Evercore ISI downgraded Kilroy Realty Corp (NYSE:KRC) to Hold in a statement released earlier today.
- Updated: November 28, 2016
Evercore ISI has downgraded Kilroy Realty Corp (NYSE:KRC) to Hold in a report released on 11/28/2016.
Just yesterday Kilroy Realty Corp (NYSE:KRC) traded -0.16% lower at $72.50. Kilroy Realty Corp’s 50-day moving average is $70.31 and its 200-day moving average is $68.36. The last stock price is up 6.67% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.03% over the date range. Volume of trade was down over the average, with 238,623 shares of KRC changing hands under the typical 728,966
With a total market value of $0, Kilroy Realty Corp has 52 week low of $46.76 and a 52 week high of $74.17 with a P/E ratio of 24.70 .
In addition to Evercore ISI reporting its target price, a total of 13 firms have issued a report on the stock. The consensus target price is $70.31 with 3 firms rating the stock a strong buy, 5 firms rating the stock a buy, seven equity analysts rating the company a hold, one equity analyst rating the company a underperform, and lastly zero equity analysts rating the company a sell.
Brief Synopsis 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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