Kier Group plc (KIE) Receives Average Recommendation of “Buy” from Brokerages
Kier Group plc (LON:KIE) has received a consensus rating of “Buy” from the seven research firms that are covering the firm, MarketBeat reports. Seven investment analysts have rated the stock with a buy recommendation. The average 1-year price target among brokers that have issued ratings on the stock in the last year is GBX 1,534.75 ($19.82).
Several brokerages have recently issued reports on KIE. Peel Hunt reiterated a “buy” rating and issued a GBX 1,600 ($20.66) target price on shares of Kier Group plc in a research report on Wednesday, June 28th. Liberum Capital reiterated a “buy” rating and issued a GBX 1,600 ($20.66) target price on shares of Kier Group plc in a research report on Sunday, July 2nd. JPMorgan Chase & Co. dropped their target price on shares of Kier Group plc from GBX 1,639 ($21.17) to GBX 1,429 ($18.46) and set an “overweight” rating on the stock in a research report on Thursday, June 29th. Canaccord Genuity reiterated a “buy” rating and issued a GBX 1,600 ($20.66) target price on shares of Kier Group plc in a research report on Wednesday, June 28th. Finally, Numis Securities Ltd upgraded shares of Kier Group plc to a “buy” rating and set a GBX 1,510 ($19.50) target price on the stock in a research report on Wednesday, June 28th.
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Shares of Kier Group plc (LON KIE) traded down 0.34% during mid-day trading on Tuesday, reaching GBX 1166.00. 154,969 shares of the company’s stock traded hands. The company’s market cap is GBX 1.12 billion. The company’s 50 day moving average is GBX 1,219.84 and its 200 day moving average is GBX 1,294.20. Kier Group plc has a 12-month low of GBX 1,132.00 and a 12-month high of GBX 1,505.00.
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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