KKR & Co. L.P. (NYSE:KKR) has an average broker rating of 1.63, which is interpreted as a Buy, as rated by 8 equity analysts. Nonetheless, 5 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 1 other analysts advise a Buy. Nevertheless, the majority of 2 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 5, which is also a Strong Sell.
KKR & Co. L.P. (NYSE:KKR) : Average target price received by KKR & Co. L.P. (NYSE:KKR) is $16.83 with an expected standard deviation of $3.71. The most aggressive target on the stock is $24, whereas the most downbeat target is $14. 6 financial analysts are currently covering the stock.
For the current week, the company shares have a recommendation consensus of Buy. Also, Equity Analysts at the Morgan Stanley maintains the rating on KKR & Co. L.P. (NYSE:KKR). The brokerage firm has issued a Equal-weight rating on the shares. The Analysts at the ratings agency lowers the price target from $15 per share to $14 per share. The rating by the firm was issued on April 26, 2016.
KKR & Co. L.P. (NYSE:KKR): stock turned positive on Tuesday. Though the stock opened at $12.4, the bulls momentum made the stock top out at $12.5 level for the day. The stock recorded a low of $11.9 and closed the trading day at $12.01, in the green by 0.25%. The total traded volume for the day was 2,318,018. The stock had closed at $11.98 in the previous days trading.
In an insider trading activity, The officer (General Counsel and Secretary), of Kkr & Co. L.P., Sorkin David had unloaded 22,767 shares at $23.76 per share in a transaction on August 5, 2015. The total value of transaction was $540,944. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.
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 Companys 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. The Company operates through three segments: Private Markets, Public Markets, Capital Markets and Other, and Client & Partner Group. Through Private Markets segment, the Company 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 its combined credit and hedge funds businesses through the Public Markets segment. The Capital Markets and Other segment consist primarily of KKRs global capital markets business.