Peel Hunt Cuts Keller Group plc (KLR) Price Target to GBX 1,140
Keller Group plc (LON:KLR) had its target price lowered by research analysts at Peel Hunt from GBX 1,230 ($14.99) to GBX 1,140 ($13.89) in a report issued on Tuesday. The brokerage currently has an “add” rating on the stock. Peel Hunt’s price target would suggest a potential upside of 31.79% from the company’s previous close.
Several other equities research analysts have also recently weighed in on the company. Numis Securities Ltd cut Keller Group plc to a “hold” rating and set a GBX 1,030 ($12.55) price target for the company. in a research note on Tuesday, August 2nd. Jefferies Group reissued a “buy” rating and issued a GBX 1,500 ($18.28) price target on shares of Keller Group plc in a research note on Thursday, August 25th. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of GBX 1,208 ($14.72).
Keller Group plc (LON:KLR) opened at 865.00 on Tuesday. The firm’s 50 day moving average price is GBX 902.11 and its 200 day moving average price is GBX 906.72. Keller Group plc has a 52-week low of GBX 720.50 and a 52-week high of GBX 1,044.00. The firm’s market cap is GBX 621.06 million.
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The firm also recently announced a dividend, which was paid on Friday, September 30th. Investors of record on Thursday, September 1st were paid a dividend of GBX 9.25 ($0.11) per share. The ex-dividend date was Thursday, September 1st. This represents a yield of 1.02%.
In related news, insider Hind,James sold 12,515 shares of the firm’s stock in a transaction that occurred on Tuesday, August 2nd. The stock was sold at an average price of GBX 870 ($10.60), for a total transaction of £108,880.50 ($132,700.18).
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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