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Analysts’ Opinions Are Mixed on These Real Estate Stocks: Kite Realty Group (KRG) and SBA Communications (SBAC)

Tipranks - Tue Apr 7, 5:54AM CDT

Analysts have been eager to weigh in on the Real Estate sector with new ratings on Kite Realty Group (KRG) and SBA Communications (SBAC).

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Kite Realty Group (KRG)

In a report released today, Samir Khanal from Bank of America Securities maintained a Buy rating on Kite Realty Group, with a price target of $28.00. The company’s shares closed last Thursday at $24.68.

According to TipRanks.com, Khanal is a 1-star analyst with an average return of -0.4% and a 56.6% success rate. Khanal covers the NA sector, focusing on stocks such as Rexford Industrial Realty, Phillips Edison & Company, and InvenTrust Properties. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Kite Realty Group with a $27.00 average price target.

See the top stocks recommended by analysts >>

SBA Communications (SBAC)

BMO Capital analyst Ari Klein maintained a Hold rating on SBA Communications today and set a price target of $220.00. The company’s shares closed last Thursday at $204.04.

According to TipRanks.com, Klein is a 4-star analyst with an average return of 4.3% and a 53.1% success rate. Klein covers the NA sector, focusing on stocks such as Xenia Hotels & Resorts, Apple Hospitality REIT, and Host Hotels & Resorts. ;'>

Currently, the analyst consensus on SBA Communications is a Moderate Buy with an average price target of $219.27, a 27.9% upside from current levels. In a report issued on March 28, TipRanks – PerPlexity also downgraded the stock to Hold with a $179.00 price target.

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