Analyst Rating Update on Kennedy-Wilson Holdings (KW)

Kennedy-Wilson Holdings (NYSE:KW) has an average broker rating of 1, which is interpreted as a Strong Buy, as rated by 3 equity analysts. Nonetheless, 3 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold.

Kennedy-Wilson Holdings (NYSE:KW) : The highest short term price target forecast on Kennedy-Wilson Holdings (NYSE:KW) is $35 and the lowest target price is $28. A total of 3 equity analysts are currently covering the company. The average price of all the analysts is $31.25 with a standard deviation of $3.38.

For the current week, the company shares have a recommendation consensus of Buy.

Kennedy-Wilson Holdings (NYSE:KW): stock turned positive on Tuesday. Though the stock opened at $17.57, the bulls momentum made the stock top out at $18.02 level for the day. The stock recorded a low of $17.37 and closed the trading day at $17.65, in the green by 1.55%. The total traded volume for the day was 1,646,167. The stock had closed at $17.38 in the previous days trading.

In an insider trading activity, The Securities and Exchange Commission has divulged in a Form 4 filing that the director of Kennedy-Wilson Holdings, Inc., Zax Stanley R had purchased shares worth of $940,000 in a transaction dated on June 14, 2016. A total of 50,000 shares were purchased at a price of $18.8 per share. The information is based on open market trades at the market prices.Option exercises are not covered.

Kennedy-Wilson Holdings, Inc. is a global real estate investment and services company. The Company owns and operates real estate related investments. The Company holds around 61.5% interest in Vintage Housing Holdings, LLC (VHH). VHH owns certain interests in around 30 multi-family properties totaling approximately 5,485 units. The Company owns around 163 mixed-use properties located throughout the United Kingdom. It operates in two business segments: KW Investments and KW Services. KW Investments invests its capital in real estate-related assets. KW Services provides an array of real estate-related services to the Company and its investment partners, third-party owners, and lenders, with a focus on financial institution based clients. The Company invests its capital in real estate assets and loans secured by real estate either on its own or with partners through publicly traded companies, joint ventures, separate accounts, or funds.

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