Numis Securities Reiterates “Buy” Rating for Kier Group (KIE)

Kier Group (LON:KIE)‘s stock had its “buy” rating restated by analysts at Numis Securities in a research note issued on Thursday. They presently have a GBX 1,510 ($20.48) price target on the stock. Numis Securities’ price objective points to a potential upside of 34.10% from the stock’s current price.

A number of other research analysts also recently commented on KIE. Peel Hunt restated a “buy” rating and set a GBX 1,600 ($21.70) price objective on shares of Kier Group in a research note on Tuesday. Liberum Capital reissued a “buy” rating and issued a GBX 1,600 ($21.70) price target on shares of Kier Group in a research note on Monday, January 22nd. Finally, JPMorgan Chase & Co. reissued an “overweight” rating and issued a GBX 1,369 ($18.57) price target on shares of Kier Group in a research note on Monday, November 20th. Seven research analysts have rated the stock with a buy rating, The company currently has an average rating of “Buy” and an average target price of GBX 1,495.80 ($20.28).

Shares of Kier Group (LON:KIE) traded up GBX 22 ($0.30) on Thursday, reaching GBX 1,126 ($15.27). The company had a trading volume of 775,997 shares, compared to its average volume of 358,398. The company has a market cap of $1,100.00 and a P/E ratio of 7,037.50. Kier Group has a 52-week low of GBX 942 ($12.77) and a 52-week high of GBX 1,505 ($20.41).

In other news, insider Haydn Mursell acquired 1,912 shares of the business’s stock in a transaction dated Friday, November 17th. The stock was acquired at an average price of GBX 1,046 ($14.18) per share, for a total transaction of £19,999.52 ($27,121.67). Also, insider Nigel Brook acquired 875 shares of the business’s stock in a transaction dated Wednesday, November 22nd. The stock was purchased at an average price of GBX 1,022 ($13.86) per share, with a total value of £8,942.50 ($12,127.07). In the last three months, insiders bought 2,829 shares of company stock valued at $2,938,974.

ILLEGAL ACTIVITY WARNING: “Numis Securities Reiterates “Buy” Rating for Kier Group (KIE)” was originally posted by American Banking News and is owned by of American Banking News. If you are accessing this story on another domain, it was stolen and republished in violation of international copyright and trademark legislation. The legal version of this story can be viewed at https://www.americanbankingnews.com/2018/01/27/numis-securities-reiterates-buy-rating-for-kier-group-kie.html.

Kier Group 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.

Analyst Recommendations for Kier Group (LON:KIE)

Receive News & Ratings for Kier Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kier Group and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply