Kier Group plc (KIE) Given Consensus Recommendation of “Buy” by Brokerages
Shares of Kier Group plc (LON:KIE) have earned a consensus rating of “Buy” from the eight research firms that are covering the firm. One research analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company. The average 1-year price target among analysts that have covered the stock in the last year is GBX 1,525.50 ($19.85).
Several brokerages have commented on KIE. Numis Securities Ltd reiterated an “add” rating and issued a GBX 1,510 ($19.64) price target on shares of Kier Group plc in a research report on Thursday, March 23rd. JPMorgan Chase & Co. boosted their price target on shares of Kier Group plc from GBX 1,570 ($20.42) to GBX 1,613 ($20.98) and gave the stock an “overweight” rating in a research report on Friday, January 27th. Canaccord Genuity reiterated a “buy” rating and issued a GBX 1,374 ($17.87) price target on shares of Kier Group plc in a research report on Friday, March 31st. Liberum Capital reiterated a “buy” rating and issued a GBX 1,520 ($19.77) price target on shares of Kier Group plc in a research report on Thursday, January 26th. Finally, Peel Hunt reiterated a “buy” rating and issued a GBX 1,600 ($20.81) price target on shares of Kier Group plc in a research report on Monday, April 24th.
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Kier Group plc (LON:KIE) traded up 2.01% during trading on Friday, reaching GBX 1269.00. 375,000 shares of the company’s stock traded hands. The company has a 50-day moving average of GBX 1,302.91 and a 200 day moving average of GBX 1,383.16. The stock’s market capitalization is GBX 1.22 billion. Kier Group plc has a 12 month low of GBX 917.50 and a 12 month high of GBX 1,505.00.
The business also recently disclosed a dividend, which was paid on Friday, May 19th. Shareholders of record on Thursday, March 30th were issued a dividend of GBX 22.50 ($0.29) per share. The ex-dividend date of this dividend was Thursday, March 30th. This represents a yield of 1.5%.
Kier Group plc Company Profile
Kier Group plc is a property, residential, construction and services company. The Company’s segments include property, residential, construction and services. The property division encompasses property development and structured finance, and operates across various sectors with a focus on industrial, commercial, retail, leisure sectors and public sectors.
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