Kier Group plc (LON:KIE) Receives Consensus Recommendation of “Buy” from Brokerages
Shares of Kier Group plc (LON:KIE) have earned an average rating of “Buy” from the ten research firms that are presently covering the firm. Ten research analysts have rated the stock with a buy rating. The average 12 month target price among analysts that have issued a report on the stock in the last year is GBX 1,447.50 ($18.89).
Several brokerages recently weighed in on KIE. Jefferies Group cut their target price on shares of Kier Group plc from GBX 1,500 ($19.58) to GBX 1,430 ($18.67) and set a “buy” rating for the company in a research note on Thursday, August 25th. Liberum Capital restated a “buy” rating and issued a GBX 1,235 ($16.12) price target on shares of Kier Group plc in a report on Tuesday, July 5th. Peel Hunt lowered their price target on Kier Group plc from GBX 1,800 ($23.50) to GBX 1,400 ($18.27) and set a “buy” rating for the company in a report on Tuesday, July 19th. JPMorgan Chase & Co. lowered their price target on Kier Group plc from GBX 1,503 ($19.62) to GBX 1,338 ($17.47) and set an “overweight” rating for the company in a report on Tuesday, July 5th. Finally, Beaufort Securities restated a “buy” rating on shares of Kier Group plc in a report on Tuesday, July 5th.
Shares of Kier Group plc (LON:KIE) traded up 0.79% during mid-day trading on Wednesday, reaching GBX 1280.00. 425,176 shares of the company traded hands. The company’s market capitalization is GBX 1.22 billion. The firm’s 50 day moving average price is GBX 1,202.00 and its 200-day moving average price is GBX 1,188.02. Kier Group plc has a 52-week low of GBX 917.50 and a 52-week high of GBX 1,440.00.
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In other news, insider Veritiero,Claudio bought 1,072 shares of the firm’s stock in a transaction dated Friday, July 15th. The stock was acquired at an average price of GBX 839 ($10.95) per share, for a total transaction of £8,994.08 ($11,740.09).
Kier Group plc Company Profile
Kier Group plc is a United Kingdom-based company, which provides property, residential, construction and services. The Company’s business segments are Property, Residential, Construction, Services and Corporate. The Company operates across a range of sectors, including defense, education, health, housing, industrials, power, property, transport and utilities.
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