KKR & Co. Inc. (KKR, Financial) is currently exploring various strategic options for Atlantic Aviation, a prominent operator in the private jet sector. According to sources with knowledge of the situation, KKR's considerations include a potential sale of the business, which could be valued at approximately $10 billion.
The private equity firm has engaged with advisers to evaluate interest from potential buyers. Among the options on the table are selling a stake in Atlantic Aviation or pursuing an initial public offering (IPO), offering various paths for the firm's future.
The deliberations are still in the early stages, and no final decision has been made regarding the preferred course of action. KKR's move to explore these possibilities highlights its ongoing strategy to maximize value from its investments in the aviation sector.
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 $143.07 with a high estimate of $194.00 and a low estimate of $114.00. The average target implies an upside of 39.64% from the current price of $102.46. 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 $52.41, suggesting a downside of 48.85% from the current price of $102.455. 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.
