Deutsche Bank Lowers Kilroy Realty (NYSE:KRC) Price Target to $86.00

Kilroy Realty (NYSE:KRC) had its target price decreased by stock analysts at Deutsche Bank from $89.00 to $86.00 in a report issued on Thursday, BenzingaRatingsTable reports. The brokerage currently has a “hold” rating on the real estate investment trust’s stock. Deutsche Bank’s target price suggests a potential upside of 10.13% from the stock’s previous close.

KRC has been the subject of a number of other reports. ValuEngine cut shares of Kilroy Realty from a “buy” rating to a “hold” rating in a report on Thursday, August 1st. Robert W. Baird set a $91.00 price objective on shares of Kilroy Realty and gave the stock a “buy” rating in a report on Wednesday, August 21st. BMO Capital Markets set a $81.00 price objective on shares of Kilroy Realty and gave the stock a “buy” rating in a report on Wednesday, July 24th. Finally, Zacks Investment Research cut shares of Kilroy Realty from a “buy” rating to a “hold” rating in a report on Thursday, August 8th. Five research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and an average price target of $83.14.

Shares of NYSE:KRC opened at $78.09 on Thursday. The stock has a market capitalization of $7.78 billion, a PE ratio of 22.44, a P/E/G ratio of 2.81 and a beta of 0.76. Kilroy Realty has a 1 year low of $59.05 and a 1 year high of $80.66. The firm has a fifty day moving average price of $77.52 and a 200 day moving average price of $76.79. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 0.76.

A number of hedge funds have recently added to or reduced their stakes in KRC. CAPROCK Group Inc. bought a new stake in Kilroy Realty during the second quarter valued at about $205,000. Bailard Inc. bought a new stake in Kilroy Realty during the second quarter valued at about $214,000. BB&T Securities LLC boosted its holdings in Kilroy Realty by 11.8% during the second quarter. BB&T Securities LLC now owns 2,987 shares of the real estate investment trust’s stock valued at $220,000 after acquiring an additional 316 shares during the period. Natixis boosted its holdings in Kilroy Realty by 16.2% during the second quarter. Natixis now owns 3,346 shares of the real estate investment trust’s stock valued at $247,000 after acquiring an additional 466 shares during the period. Finally, Panagora Asset Management Inc. boosted its holdings in Kilroy Realty by 172.5% during the second quarter. Panagora Asset Management Inc. now owns 3,523 shares of the real estate investment trust’s stock valued at $260,000 after acquiring an additional 2,230 shares during the period.

About Kilroy Realty

Kilroy Realty Corporation (KRC), a publicly traded real estate investment trust and member of the S&P MidCap 400 Index, is one of the West Coast's premier landlords. The company has over 70 years of experience developing, acquiring and managing office and mixed-use real estate assets. The company provides physical work environments that foster creativity and productivity and serves a broad roster of dynamic, innovation-driven tenants, including technology, entertainment, digital media and health care companies.

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