Peel Hunt Reaffirms “Buy” Rating for Kier Group plc (KIE)
Kier Group plc (LON:KIE)‘s stock had its “buy” rating reissued by stock analysts at Peel Hunt in a research report issued on Thursday. They presently have a GBX 1,600 ($21.57) target price on the stock. Peel Hunt’s price objective would indicate a potential upside of 37.10% from the stock’s previous close.
Other analysts have also issued reports about the stock. Canaccord Genuity reaffirmed a “buy” rating and set a GBX 1,600 ($21.57) price target on shares of Kier Group plc in a research report on Wednesday, June 28th. J P Morgan Chase & Co dropped their price target on shares of Kier Group plc from GBX 1,639 ($22.10) to GBX 1,429 ($19.27) and set an “overweight” rating on the stock in a research report on Thursday, June 29th. Numis Securities Ltd raised shares of Kier Group plc to a “buy” rating and set a GBX 1,510 ($20.36) price target on the stock in a research report on Wednesday, June 28th. Finally, Liberum Capital reiterated a “buy” rating and issued a GBX 1,600 ($21.57) price objective on shares of Kier Group plc in a report on Sunday, July 2nd. Seven investment analysts have rated the stock with a buy rating, The stock has a consensus rating of “Buy” and an average price target of GBX 1,547.80 ($20.87).
Kier Group plc (KIE) traded up 0.26% during mid-day trading on Thursday, reaching GBX 1167.00. 325,339 shares of the company’s stock traded hands. Kier Group plc has a 1-year low of GBX 1,085.00 and a 1-year high of GBX 1,505.00. The firm’s market cap is GBX 1.13 billion. The firm has a 50 day moving average of GBX 1,180.73 and a 200 day moving average of GBX 1,271.74.
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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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