Kier Group plc (KIE) Insider Buys £123.57 in Stock
Kier Group plc (LON:KIE) insider Haydn Mursell acquired 9 shares of Kier Group plc stock in a transaction on Tuesday, October 18th. The shares were purchased at an average price of GBX 1,373 ($16.73) per share, with a total value of £123.57 ($150.60).
Kier Group plc (LON:KIE) traded up 0.07% during trading on Wednesday, hitting GBX 1371.00. 227,311 shares of the company were exchanged. The stock’s market capitalization is GBX 1.31 billion. The firm’s 50 day moving average price is GBX 1,299.92 and its 200-day moving average price is GBX 1,194.56. Kier Group plc has a 1-year low of GBX 917.50 and a 1-year high of GBX 1,418.00.
The company also recently declared a dividend, which will be paid on Friday, December 2nd. Shareholders of record on Thursday, September 29th will be given a dividend of GBX 43 ($0.52) per share. This represents a dividend yield of 3.34%. This is a positive change from Kier Group plc’s previous dividend of $21.50. The ex-dividend date of this dividend is Thursday, September 29th.
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KIE has been the subject of a number of analyst reports. Peel Hunt restated a “buy” rating and set a GBX 1,400 ($17.06) price objective on shares of Kier Group plc in a research note on Friday, September 16th. Numis Securities Ltd lowered shares of Kier Group plc to an “add” rating and set a GBX 1,407 ($17.15) price target for the company. in a research note on Thursday, September 22nd. JPMorgan Chase & Co. reiterated an “overweight” rating and issued a GBX 1,550 ($18.89) price target (up from GBX 1,178 ($14.36)) on shares of Kier Group plc in a research note on Tuesday, October 11th. Liberum Capital reiterated a “buy” rating and issued a GBX 1,420 ($17.31) price target on shares of Kier Group plc in a research note on Wednesday, September 28th. Finally, Beaufort Securities reiterated a “buy” rating on shares of Kier Group plc in a research note on Wednesday, August 24th. One equities research analyst has rated the stock with a hold rating and nine have given a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average target price of GBX 1,516.11 ($18.48).
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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