Kier Group plc’s (KIE) Buy Rating Reiterated at Peel Hunt
Kier Group plc (LON:KIE)‘s stock had its “buy” rating reissued by equities research analysts at Peel Hunt in a research report issued on Wednesday. They presently have a GBX 1,600 ($20.73) price target on the stock. Peel Hunt’s target price suggests a potential upside of 30.19% from the stock’s previous close.
Several other analysts have also weighed in on the stock. J P Morgan Chase & Co reaffirmed an “overweight” rating and set a GBX 1,639 ($21.23) price objective on shares of Kier Group plc in a report on Tuesday, April 25th. Beaufort Securities reaffirmed a “buy” rating on shares of Kier Group plc in a report on Tuesday, April 25th. Berenberg Bank reaffirmed a “buy” rating on shares of Kier Group plc in a report on Friday, March 24th. Liberum Capital reaffirmed a “buy” rating and set a GBX 1,600 ($20.73) price objective on shares of Kier Group plc in a report on Thursday, June 8th. Finally, Canaccord Genuity reaffirmed a “buy” rating and set a GBX 1,374 ($17.80) price objective on shares of Kier Group plc in a report on Friday, March 31st. Eight research analysts have rated the stock with a buy rating, The company currently has a consensus rating of “Buy” and a consensus target price of GBX 1,528.17 ($19.79).
Shares of Kier Group plc (LON:KIE) traded up 0.24% during trading on Wednesday, hitting GBX 1229.00. The stock had a trading volume of 184,243 shares. Kier Group plc has a one year low of GBX 917.50 and a one year high of GBX 1,505.00. The stock’s 50-day moving average price is GBX 1,226.98 and its 200 day moving average price is GBX 1,351.97. 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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