Kier Group plc Rating Reiterated by Investec (KIE)
Kier Group plc (LON:KIE)‘s stock had its “buy” rating reaffirmed by analysts at Investec in a research report issued to clients and investors on Wednesday. They currently have a GBX 1,955 ($33.30) target price on the stock. Investec’s target price would suggest a potential upside of 9.65% from the company’s current price.
Kier Group plc (LON:KIE) opened at 1844.00 on Wednesday. Kier Group plc has a 1-year low of GBX 1142.00 and a 1-year high of GBX 1943.00. The stock has a 50-day moving average of GBX 1705. and a 200-day moving average of GBX 1763.. The company’s market cap is £992.1 million.
A number of other analysts have also recently weighed in on KIE. Analysts at Jefferies Group reiterated a “buy” rating on shares of Kier Group plc in a research note on Friday, June 27th. They now have a GBX 2,093 ($35.65) price target on the stock. Separately, analysts at Liberum Capital reiterated a “buy” rating on shares of Kier Group plc in a research note on Monday, June 23rd. They now have a GBX 1,915 ($32.62) price target on the stock. Finally, analysts at Westhouse Securities initiated coverage on shares of Kier Group plc in a research note on Friday, June 20th. They set a “buy” rating and a GBX 2,110 ($35.94) price target on the stock. One investment analyst has rated the stock with a sell rating and eight have assigned a buy rating to the stock. The stock currently has an average rating of “Buy” and an average price target of GBX 1,979.29 ($33.71).
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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