Investment firm KKR (KKR, Financial) is on the brink of finalizing an agreement to acquire OSTTRA, valued at approximately $3 billion. According to individuals with insight into the negotiations, the deal is likely to be publicly announced as soon as next week.
This acquisition marks a significant move for KKR, enhancing its footprint in the financial technology services sector. The potential deal underscores KKR's strategic push to expand its portfolio in high-growth industries. Market observers are closely monitoring the situation for further developments, anticipating formal confirmation in the near future.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 18 analysts, the average target price for KKR & Co Inc (KKR, Financial) is $149.40 with a high estimate of $194.00 and a low estimate of $126.00. The average target implies an upside of 47.28% from the current price of $101.44. More detailed estimate data can be found on the KKR & Co Inc (KKR) Forecast page.
Based on the consensus recommendation from 21 brokerage firms, KKR & Co Inc's (KKR, Financial) average brokerage recommendation is currently 1.8, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for KKR & Co Inc (KKR, Financial) in one year is $52.84, suggesting a downside of 47.91% from the current price of $101.44. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the KKR & Co Inc (KKR) Summary page.
