Liberum Capital Reiterates Buy Rating for Kier Group plc (KIE)
Kier Group plc (LON:KIE)‘s stock had its “buy” rating restated by equities researchers at Liberum Capital in a research note issued on Monday. They currently have a GBX 1,600 ($20.35) price objective on the stock. Liberum Capital’s price target indicates a potential upside of 30.83% from the stock’s current price.
Several other brokerages have also recently commented on KIE. JPMorgan Chase & Co. boosted their target price on shares of Kier Group plc from GBX 1,613 ($20.52) to GBX 1,639 ($20.85) and gave the company an “overweight” rating in a research report on Friday, March 24th. Beaufort Securities restated a “buy” rating on shares of Kier Group plc in a research report on Tuesday, April 25th. Berenberg Bank restated a “buy” rating on shares of Kier Group plc in a research report on Friday, March 24th. Peel Hunt restated a “buy” rating and issued a GBX 1,600 ($20.35) target price on shares of Kier Group plc in a research report on Thursday. Finally, Numis Securities Ltd restated an “add” rating and issued a GBX 1,510 ($19.21) target price on shares of Kier Group plc in a research report on Thursday, March 23rd. One research analyst has rated the stock with a hold rating and seven have assigned a buy rating to the stock. Kier Group plc has an average rating of “Buy” and an average price target of GBX 1,525.50 ($19.40).
Shares of Kier Group plc (KIE) traded up 0.16% during mid-day trading on Monday, reaching GBX 1225.00. 180,983 shares of the company’s stock traded hands. Kier Group plc has a 12 month low of GBX 917.50 and a 12 month high of GBX 1,505.00. The firm has a 50 day moving average price of GBX 1,247.08 and a 200-day moving average price of GBX 1,360.28. The stock’s market cap is GBX 1.18 billion.
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About Kier Group plc
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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