Kennedy-Wilson (KW) Gets a Sell from Bank of America Securities
In a report released today, Jeffrey Spector from Bank of America Securities maintained a Sell rating on Kennedy-Wilson (KW – Research Report). The company’s shares opened today at $6.50.
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According to TipRanks, Spector is a 3-star analyst with an average return of 4.0% and a 50.69% success rate. Spector covers the Real Estate sector, focusing on stocks such as Simon Property, Cubesmart, and Eastgroup Properties.
The word on The Street in general, suggests a Hold analyst consensus rating for Kennedy-Wilson with a $9.00 average price target.
KW market cap is currently $923.8M and has a P/E ratio of -6.37.
Based on the recent corporate insider activity of 51 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of KW in relation to earlier this year. Earlier this month, William Mcmorrow, the Chairman & CEO of KW bought 200,000.00 shares for a total of $1,272,000.00.
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