KKR & Co. L.P. (NYSE:KKR) price target upped to $16.00, released a research note earlier today by Zacks Investment Research
- Updated: October 1, 2016
In a report issued Wednesday September 28, 2016 Zacks Investment Research bumped up the target of KKR & Co. L.P. (NYSE:KKR) to $16.00 stating a potential upside of 0.13%.
Previously on 7/7/2016, Barclays Capital released a statement about KKR & Co. L.P. (NYSE:KKR) lowered the target price from $16.00 to $15.00 that suggested an upside of 0.24%.
Displaying a price of $14.14, KKR & Co. L.P. (NYSE:KKR) traded 1.49% higher on the day. The last stock price close is up 3.03% from the 200-day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. KKR has recorded a 50-day average of $14.66 and a two hundred day average of $13.84. 5,548,310 shares of KKR traded hands, up from an average trading volume of 2,206,390
KKR & Co. L.P. has a with a 52 week low of $10.89 and a one year high of $19.20 KKR’s total market value is presently $0.
In addition to Zacks Investment Research reporting its stock price target, a total of 12 equity analysts have released a ratings update on KKR & Co. L.P.. The 12-month price target is $17.33 with six brokerages rating the stock a strong buy, 4 firms rating the stock a buy, 4 brokers rating the stock a hold, 0 equity analysts rating the company a underperform, and lastly 0 firms rating the stock a sell.
More About KKR & Co. L.P. (NYSE:KKR)
KKR & CO. L.P. (KKR) is a global investment firm that manages investments across multiple asset classes, including private equity, energy, infrastructure, real estate, credit and hedge funds. The Company's business offers a range of investment management services to its fund investors, and provides capital markets services to its firm, its portfolio companies and third parties. It operates through four segments. Through its Private Markets segment, KKR manages and sponsors a group of private equity funds and co-investment vehicles that invest capital for long-term appreciation, either through controlling ownership of a company or strategic minority positions. The Company operates and reports its combined credit and hedge funds businesses through the Public Markets segment. Its Capital Markets segment consists primarily of the Company's global capital markets business. Through Principal Activities segment, the Company manages its firm's assets and deploys capital.
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