BTIG Sticks to Their Buy Rating for Kennedy-Wilson

By Carrie Williams

BTIG analyst Mark Palmer reiterated a Buy rating on Kennedy-Wilson (NYSE: KW) on June 13 and set a price target of $33. The company’s shares closed yesterday at $19.

According to TipRanks.com, Palmer is a 4-star analyst with an average return of 2.9% and a 51.0% success rate. Palmer covers the Financial sector, focusing on stocks such as Santander Consumer USA, Assured Guaranty Ltd, and Synchrony Financial.

Kennedy-Wilson has an analyst consensus of Moderate Buy, with a price target consensus of $33.

The company has a one year high of $23.77 and a one year low of $17.29. Currently, Kennedy-Wilson has an average volume of 655K.

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Kennedy-Wilson Holdings, Inc. is a global real estate investment company, which engages in the ownership, operation, and investment in real estate through its investment platform. It operates through KW Investments, and KW Investment Management and Real Estate Services (IMRES) segments. The KW Investments segment invests the capital of the company in real estate assets and loans secured by real estate either on its own or with strategic partners through publicly traded companies, joint ventures, separate accounts, and funds. The IMRES segment includes the investment management platform of the company along with its property services, research, brokerage and auction, and conventional sales divisions. The company was founded in 1977 and is headquartered in Beverly Hills, CA.