Kier Group plc (KIE) Price Target Raised to GBX 1,420
Kier Group plc (LON:KIE) had its target price lifted by research analysts at Liberum Capital from GBX 1,235 ($16.12) to GBX 1,420 ($18.54) in a research note issued to investors on Thursday. The firm currently has a “buy” rating on the stock. Liberum Capital’s target price would suggest a potential upside of 10.94% from the company’s previous close.
A number of other brokerages have also weighed in on KIE. Jefferies Group reduced 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. Peel Hunt reaffirmed a “buy” rating and issued a GBX 1,400 ($18.27) target price on shares of Kier Group plc in a research note on Thursday. Numis Securities Ltd lowered shares of Kier Group plc to an “add” rating and set a GBX 1,407 ($18.37) target price for the company. in a research note on Thursday. Beaufort Securities reaffirmed a “buy” rating on shares of Kier Group plc in a research note on Wednesday, August 24th. Finally, JPMorgan Chase & Co. reduced their target price on shares of 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 research note on Tuesday, July 5th. One research analyst has rated the stock with a hold rating and nine have issued a buy rating to the stock. Kier Group plc has an average rating of “Buy” and an average target price of GBX 1,463.33 ($19.10).
Shares of Kier Group plc (LON:KIE) opened at 1315.00 on Thursday. The company’s 50-day moving average price is GBX 1,206.69 and its 200-day moving average price is GBX 1,187.03. The firm’s market capitalization is GBX 1.25 billion. Kier Group plc has a 52-week low of GBX 917.50 and a 52-week high of GBX 1,418.00.
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In other Kier Group plc news, insider Veritiero,Claudio acquired 1,072 shares of Kier Group plc stock in a transaction dated Friday, July 15th. The stock was bought at an average cost of GBX 839 ($10.95) per share, for a total transaction of £8,994.08 ($11,740.09).
About Kier Group plc
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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