Liberum Capital Reiterates “Buy” Rating for Kier Group (KIE)
Kier Group (LON:KIE)‘s stock had its “buy” rating reaffirmed by equities researchers at Liberum Capital in a research report issued on Wednesday, American Banking News reports. They currently have a GBX 1,800 ($29.04) target price on the stock. Liberum Capital’s price target would indicate a potential upside of 8.43% from the stock’s previous close.
Shares of Kier Group (LON:KIE) traded down 1.89% during mid-day trading on Wednesday, hitting GBX 1660.00. 216,765 shares of the company’s stock traded hands. Kier Group has a 1-year low of GBX 1099.00 and a 1-year high of GBX 1708.00. The stock has a 50-day moving average of GBX 1547. and a 200-day moving average of GBX 1317.. The company’s market cap is £655.7 million.
A number of other analysts have also recently weighed in on KIE. Analysts at Investec raised their price target on shares of Kier Group (LON:KIE) from GBX 1,500 ($24.20) to GBX 1,955 ($31.54) in a research note to investors on Thursday, September 12th. They now have a “buy” rating on the stock. Separately, analysts at Numis Securities Ltd reiterated a “buy” rating on shares of Kier Group (LON:KIE) in a research note to investors on Monday, September 2nd. They now have a GBX 1,670 ($26.94) price target on the stock. Finally, analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Kier Group (LON:KIE) in a research note to investors on Monday, August 5th. They now have a GBX 1,630 ($26.30) price target on the stock. Two equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Kier Group presently has a consensus rating of “Buy” and a consensus price target of GBX 1,597.23 ($25.77).
Kier Group plc is a construction, services and property group specializing in building and civil engineering, support services, commercial property development and structured property financing and private housing.
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