KKR & Co Inc (KKR) is trading down -0.84% at $30.62 per share Wednesday. KKR announced the acquisition of 2 industrial distribution properties totaling 2.5 million square feet. KKR purchased these facilities for around $260 million and are the first industrial acquisitions made by the company under KKR’s core plus real estate strategy.
KKR & Co Inc (KKR) stock is higher by 18.45% over the last 12 months, and the average rating from Wall Street analysts is a Strong Buy. InvestorsObserver’s proprietary scoring system, gives KKR stock a score of 77 out of a possible 100.
That score is chiefly influenced by a short-term technical score of 95. KKR’s score also includes a long-term technical score of 86. The fundamental score for KKR is 49. In addition to the average rating from Wall Street analysts, KKR stock has a mean target price of 34.3. This means analysts expect the stock to gain 12.02% over the next 12 months.
What’s Happening with KKR Stock Today
KKR & Co Inc (KKR) stock is lower by -0.84% while the S&P 500 is higher by 0.47% as of 2:36 PM on Wednesday, Jul 1. KKR has fallen -$0.26 from the previous closing price of $30.88 on volume of 1,084,605 shares. Over the past year the S&P 500 is up 4.77% while KKR is higher by 18.45%. KKR lost -$0.04 per share in the over the last 12 months.
