Today: The Kennedy Wilson Europe Real Estate PLC (KWE) Price Target Cut to GBX 970

The Kennedy Wilson Europe Real Estate PLC (KWE) Price Target Cut to GBX 970

Kennedy Wilson Europe Real Estate PLC (LON:KWE) had its price objective reduced by Deutsche Bank AG from GBX 1,170 ($14.26) to GBX 970 ($11.82) in a report issued on Thursday. The brokerage presently has a “hold” rating on the stock. Deutsche Bank AG’s target price would indicate a potential downside of 4.81% from the company’s previous close.

A number of other research firms have also commented on KWE. JPMorgan Chase & Co. reaffirmed an “overweight” rating and set a GBX 1,450 ($17.67) price objective on shares of Kennedy Wilson Europe Real Estate PLC in a research note on Monday, August 8th. Goodbody reaffirmed a “buy” rating on shares of Kennedy Wilson Europe Real Estate PLC in a research note on Friday, August 5th. Finally, Davy Research reaffirmed an “outperform” rating on shares of Kennedy Wilson Europe Real Estate PLC in a research note on Friday, August 5th.

Shares of Kennedy Wilson Europe Real Estate PLC (LON:KWE) opened at 1018.98 on Thursday. The stock’s market capitalization is GBX 1.39 billion. Kennedy Wilson Europe Real Estate PLC has a 1-year low of GBX 877.50 and a 1-year high of GBX 1,221.00. The firm’s 50-day moving average is GBX 11.54 and its 200 day moving average is GBX 11.60.

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