Oppenheimer analyst Chris Kotowski reiterated a Buy rating on KKR & Co (NYSE: KKR) today. The company’s shares closed yesterday at $18.37, close to its 52-week high of $18.40.
According to TipRanks.com, Kotowski is a 5-star analyst with an average return of 8.2% and a 64.9% success rate. Kotowski covers the Financial sector, focusing on stocks such as Apollo Global Management LLC, Fidus Investment Corporation, and Solar Senior Capital Ltd.
KKR & Co has an analyst consensus of Strong Buy, with a price target consensus of $19.
KKR & Co’s market cap is currently $8.2B and has a P/E ratio of 70.65. The company has a book value ratio of 1.5367.
Based on the recent corporate insider activity of 13 insiders, corporate insider sentiment is negative on the stock. Most recently, in August 2015, William Janetschek, the Chief Financial Officer of KKR sold 50,000 shares for a total of $1,189,000.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
KKR & Co. LP provides investment and private equity asset management services. It manages investments across multiple asset classes includes private equity, energy, infrastructure, real estate, credit and hedge funds. The firm operates business through four business segments: Private Markets, Public Markets and Capital Markets and Principal Activities. The Private Markets segment is comprised of the global private equity business, which manages and sponsors a group of investment funds and vehicles that invest capital for long-term appreciation, either through controlling ownership of a company or strategic minority positions. The Public Markets segment is comprised primarily of the company fixed income businesses which manage capital in liquid credit strategies, such as leveraged loans and high yield bonds, and less liquid credit products, such as mezzanine debt, special situation assets, rescue financings, distressed assets, debtor-in-possession financings and exit financings. The Capital Markets segment combines the assets acquired in the Combination Transaction with the company’s global capital markets business. The Principal Activities segment manages the firm’s own assets and deploys capital to support and grow the businesses. The company was founded by Henry R. Kravis and George R. Roberts on June 25, 2007 and is headquartered in New York, NY.
The post KKR & Co Receives a Buy from Oppenheimer appeared first on Analyst Ratings.