Keller Group plc (KLR) Receives “Buy” Rating from Peel Hunt
Keller Group plc (LON:KLR)‘s stock had its “buy” rating restated by research analysts at Peel Hunt in a research note issued to investors on Tuesday. They presently have a GBX 1,230 ($15.22) price objective on the stock. Peel Hunt’s price objective suggests a potential upside of 39.85% from the company’s previous close.
Other equities analysts have also recently issued reports about the company. Jefferies Group reaffirmed a “buy” rating and issued a GBX 1,500 ($18.56) target price on shares of Keller Group plc in a report on Thursday, August 25th. Numis Securities Ltd lowered Keller Group plc to a “hold” rating and set a GBX 1,030 ($12.75) price target for the company. in a research note on Tuesday, August 2nd. Two investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average target price of GBX 1,226 ($15.17).
Shares of Keller Group plc (LON:KLR) opened at 883.50 on Tuesday. Keller Group plc has a 1-year low of GBX 720.50 and a 1-year high of GBX 1,044.00. The stock has a 50 day moving average price of GBX 905.40 and a 200-day moving average price of GBX 906.23. The company’s market cap is GBX 634.34 million.
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The firm also recently declared a dividend, which was paid on Friday, September 30th. Shareholders of record on Thursday, September 1st were paid a GBX 9.25 ($0.11) dividend. The ex-dividend date was Thursday, September 1st. This represents a yield of 1.02%.
In other news, insider Hind,James sold 12,515 shares of the firm’s stock in a transaction dated Tuesday, August 2nd. The stock was sold at an average price of GBX 870 ($10.77), for a total transaction of £108,880.50 ($134,753.09).
About Keller Group plc
Keller Group plc is a United Kingdom-based independent ground engineering specialist engaged in providing foundation solutions. The Company operates through four segments: North America; Europe, Middle East and Africa (EMEA); Asia, and Australia. Its product categories include Piling and earth retention, which includes a range of systems, including diaphragm walls and marine piles; Ground improvement, which includes techniques that are used to prepare the ground for new construction projects; Anchors, nails and minipiles, which provides temporary or permanent solutions for a range of stability or support problems; Specialty grouting, which controls ground water flow through rocks and soils, and Post-tension concrete, which are used to reinforce concrete foundations and structural spans.
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