why KKR & Co. Inc [KKR] is a Good Choice for Investors After New Price Target of $138.81

KKR & Co. Inc [NYSE: KKR] stock went on a downward path that fall over -4.44% on Tuesday, amounting to a one-week price decrease of less than -3.18%.

Over the last 12 months, KKR stock rose by 88.30%. The one-year KKR & Co. Inc stock forecast points to a potential upside of 14.8. The average equity rating for KKR stock is currently 1.47, trading closer to a bullish pattern in the stock market.

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The market cap for the stock reached $104.96 billion, with 885.01 million shares outstanding and 671.30 million shares in the current float. Compared to the average trading volume of 6.63M shares, KKR stock reached a trading volume of 4210308 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Guru’s Opinion on KKR & Co. Inc [KKR]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for KKR shares is $138.81 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on KKR stock is a recommendation set at 1.47. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Redburn Atlantic have made an estimate for KKR & Co. Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on August 27, 2024. While these analysts kept the previous recommendation, TD Cowen raised their target price to Outperform. The new note on the price target was released on January 04, 2024, representing the official price target for KKR & Co. Inc stock. Previously, the target price had yet another raise from $91 to $94, while Oppenheimer kept a Outperform rating on KKR stock.

The Average True Range (ATR) for KKR & Co. Inc is set at 3.23, with the Price to Sales ratio for KKR stock in the period of the last 12 months amounting to 4.43. The Price to Book ratio for the last quarter was 4.84, with the Price to Cash per share for the same quarter was set at 18.11. Price to Free Cash Flow for KKR in the course of the last twelve months was 11.97.

KKR Stock Performance Analysis:

KKR & Co. Inc [KKR] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -3.18. With this latest performance, KKR shares gained by 8.88% in over the last four-week period, additionally plugging by 19.92% over the last 6 months – not to mention a rise of 88.30% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for KKR stock in for the last two-week period is set at 50.67, with the RSI for the last a single of trading hit 45.95, and the three-weeks RSI is set at 52.82 for KKR & Co. Inc [KKR]. The present Moving Average for the last 50 days of trading for this stock 114.26, while it was recorded at 121.65 for the last single week of trading, and 97.84 for the last 200 days.

KKR Stock EPS

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for KKR. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for KKR & Co. Inc go to 30.19%.

KKR & Co. Inc [KKR] Institutonal Ownership Details

There are presently around $61.54%, or 81.02%% of KKR stock, in the hands of institutional investors. The top three institutional holders of KKR stocks are: VANGUARD GROUP INC with ownership of 55.4 million shares, which is approximately 6.2595%. BLACKROCK INC., holding 43.39 million shares of the stock with an approximate value of $$4.57 billion in KKR stocks shares; and BLACKROCK INC., currently with $$4.4 billion in KKR stock with ownership which is approximately 4.7242%.