Kite Realty Group Trust (KRG) Shares Gain 2.89% This Week; Should you buy?

Kite Realty Group Trust (KRG) stock has gained 40.40% in the past 12 months, and the average Wall Street analyst rating is a strong buy. Investors Observer exclusive ranking system, gives KRG shares a score of 78 out of a possible 100. This ranking is primarily influenced by a long-term technical score of 92. KRG’s ranking also includes a short-term technical score of 90. The fundamental score for KRG is 51. In addition to the average Wall Street analyst score , KRG stock has an average target price of $ 25.25. This means that analysts expect the stock to gain 12.47% over the next 12 months.
What’s going on with KRG Stock today
Kite Realty Group Trust (KRG) stock rose 2.46% while the S&P 500 fell -0.12% at 10:34 a.m. on Thursday, January 13. KRG gained $ 0.54 from the previous closing price of $ 21.91 on volume of 141,708 shares. Over the past year, the S&P 500 has risen 23.91% while KRG has gained 40.40%. KRG has earned $ 0.13 per share over the past 12 months, giving it a price-to-earnings ratio of 179.37. Click here for the full stock report for Kite Realty Group Trust stock.