Summary:
- KKR's asset management division reports over $475 million in realized performance and investment income for Q2.
- Wall Street analysts provide a positive outlook with an average price target of $144.35.
- GuruFocus estimates suggest a potential downside based on the GF Value calculation.
KKR's Impressive Q2 Performance
KKR (NYSE: KKR) has announced a significant achievement in its asset management division, reporting over $475 million in realized performance and investment income for the second quarter ending June 20. This impressive figure is comprised of approximately 75% realized performance gains, with the remaining 25% attributed to investment returns. Such a performance highlights KKR's robust strategies in asset management, which continue to generate substantial income for the company.
Wall Street's Optimistic Price Target for KKR
Investors should consider the positive sentiment from Wall Street analysts regarding KKR & Co Inc (KKR, Financial). Based on the projections of 18 analysts, the average one-year price target for KKR stands at $144.35. This target suggests a notable upside of 17.91% from the current trading price of $122.42, with forecasts ranging from a high of $189.00 to a low estimate of $127.00. For more detailed estimates, you can visit the KKR & Co Inc (KKR) Forecast page.
Analysts' Consensus on KKR's Performance
The consensus from 21 brokerage firms places KKR & Co Inc (KKR, Financial) at an average brokerage recommendation of 1.7, suggesting an "Outperform" status. This rating is based on a scale from 1 to 5, where 1 indicates a Strong Buy and 5 a Sell, underscoring analysts' confidence in KKR’s potential for ongoing performance.
GuruFocus's GF Value Estimation
According to GuruFocus, the estimated GF Value for KKR & Co Inc (KKR, Financial) in one year is projected at $54.85. This estimate indicates a potential downside of 55.2% from the current price of $122.42. The GF Value is a proprietary metric from GuruFocus that reflects the fair value the stock should trade at, derived from historical trading multiples, past business growth, and future performance estimates. For additional insights, refer to the KKR & Co Inc (KKR) Summary page.
