Kier Group plc Stock Rating Reaffirmed by Investec (KIE)
Kier Group plc (LON:KIE)‘s stock had its “buy” rating restated by stock analysts at Investec in a report issued on Thursday, Analyst Ratings Network.com reports. They currently have a GBX 1,955 ($32.93) target price on the stock. Investec’s price target indicates a potential upside of 16.65% from the stock’s previous close.
Kier Group plc (LON:KIE) traded up 1.82% on Thursday, hitting GBX 1676.00. The stock had a trading volume of 184,314 shares. Kier Group plc has a 52-week low of GBX 1136.00 and a 52-week high of GBX 1943.00. The stock has a 50-day moving average of GBX 1683. and a 200-day moving average of GBX 1775.. The company’s market cap is £901.7 million.
KIE has been the subject of a number of other recent research reports. Analysts at Liberum Capital reiterated a “hold” rating on shares of Kier Group plc in a research note on Friday, May 2nd. They now have a GBX 1,915 ($32.26) price target on the stock. Separately, analysts at Jefferies Group initiated coverage on shares of Kier Group plc in a research note on Friday, March 28th. They set a “buy” rating and a GBX 2,093 ($35.25) price target on the stock. One analyst has rated the stock with a sell rating, one has given a hold rating and five have issued a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus target price of GBX 1,956.43 ($32.95).
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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