Kier Group plc (KIE) Stock Rating Reaffirmed by Liberum Capital
Kier Group plc (LON:KIE)‘s stock had its “buy” rating reissued by analysts at Liberum Capital in a report released on Wednesday. They currently have a GBX 1,420 ($18.54) price objective on the stock. Liberum Capital’s target price points to a potential upside of 8.31% from the company’s current price.
KIE has been the subject of a number of other research reports. Peel Hunt decreased their target price on shares of Kier Group plc from GBX 1,800 ($23.50) to GBX 1,400 ($18.27) and set a “buy” rating for the company in a research note on Tuesday, July 19th. JPMorgan Chase & Co. decreased their target price on shares of Kier Group plc from GBX 1,503 ($19.62) to GBX 1,338 ($17.47) and set an “overweight” rating for the company in a research note on Tuesday, July 5th. Beaufort Securities reissued a “buy” rating on shares of Kier Group plc in a research note on Tuesday, July 5th. Numis Securities Ltd reissued a “buy” rating and set a GBX 1,407 ($18.37) target price on shares of Kier Group plc in a research note on Tuesday, July 12th. Finally, Jefferies Group decreased their target price on shares of Kier Group plc from GBX 1,500 ($19.58) to GBX 1,430 ($18.67) and set a “buy” rating for the company in a research note on Thursday, August 25th. One analyst has rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average target price of GBX 1,463.33 ($19.10).
Kier Group plc (LON:KIE) opened at 1309.00 on Wednesday. The company’s market cap is GBX 1.25 billion. The stock’s 50 day moving average is GBX 1,244.32 and its 200 day moving average is GBX 1,188.98. Kier Group plc has a 12 month low of GBX 917.50 and a 12 month high of GBX 1,418.00.
The firm also recently declared a dividend, which will be paid on Friday, December 2nd. Stockholders of record on Thursday, September 29th will be issued a dividend of GBX 43 ($0.56) per share. The ex-dividend date of this dividend is Thursday, September 29th. This represents a dividend yield of 3.34%. This is an increase from Kier Group plc’s previous dividend of $21.50.
In other Kier Group plc news, insider Veritiero,Claudio purchased 1,072 shares of the business’s stock in a transaction dated Friday, July 15th. The shares were acquired at an average price of GBX 839 ($10.95) per share, for a total transaction of £8,994.08 ($11,740.09).
Kier Group plc Company Profile
Kier Group plc is a United Kingdom-based company, which provides property, residential, construction and services. The Company’s business segments are Property, Residential, Construction, Services and Corporate. The Company operates across a range of sectors, including defense, education, health, housing, industrials, power, property, transport and utilities.
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