Kier Group plc (KIE) Rating Reiterated by Canaccord Genuity
Kier Group plc (LON:KIE)‘s stock had its “buy” rating reissued by stock analysts at Canaccord Genuity in a research report issued on Thursday. They currently have a GBX 1,600 ($21.57) price objective on the stock. Canaccord Genuity’s target price points to a potential upside of 46.12% from the company’s current price.
Other analysts have also recently issued research reports about the company. Peel Hunt reissued a “buy” rating and set a GBX 1,600 ($21.57) price objective on shares of Kier Group plc in a research report on Thursday. Numis Securities Ltd reissued a “buy” rating and set a GBX 1,510 ($20.36) price objective on shares of Kier Group plc in a research report on Thursday. Liberum Capital reissued a “buy” rating and set a GBX 1,600 ($21.57) price objective on shares of Kier Group plc in a research report on Thursday. Finally, J P Morgan Chase & Co reduced their price objective on Kier Group plc from GBX 1,639 ($22.10) to GBX 1,429 ($19.27) and set an “overweight” rating for the company in a research report on Thursday, June 29th. Seven investment analysts have rated the stock with a buy rating, The company presently has an average rating of “Buy” and an average price target of GBX 1,547.80 ($20.87).
Shares of Kier Group plc (LON KIE) traded up 6.30% during midday trading on Thursday, reaching GBX 1164.00. The company’s stock had a trading volume of 663,630 shares. Kier Group plc has a 52 week low of GBX 1,085.00 and a 52 week high of GBX 1,505.00. The stock’s market capitalization is GBX 1.12 billion. The stock has a 50-day moving average price of GBX 1,180.73 and a 200 day moving average price of GBX 1,271.74.
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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