Kier Group plc (KIE) PT Raised to GBX 1,510
Kier Group plc (LON:KIE) had its price target boosted by equities research analysts at Numis Securities Ltd from GBX 1,407 ($17.41) to GBX 1,510 ($18.69) in a research note issued to investors on Wednesday. The firm currently has an “add” rating on the stock. Numis Securities Ltd’s price target points to a potential upside of 11.19% from the stock’s previous close.
Several other equities research analysts also recently commented on KIE. Peel Hunt reaffirmed a “buy” rating and set a GBX 1,800 ($22.28) target price on shares of Kier Group plc in a report on Monday, July 4th. Beaufort Securities reaffirmed a “buy” rating on shares of Kier Group plc in a report on Tuesday, July 5th. JPMorgan Chase & Co. reduced their target price on Kier Group plc from GBX 1,503 ($18.60) to GBX 1,338 ($16.56) and set an “overweight” rating for the company in a report on Tuesday, July 5th. Liberum Capital reaffirmed a “buy” rating and set a GBX 1,235 ($15.28) target price on shares of Kier Group plc in a report on Tuesday, July 5th. Finally, Jefferies Group reduced their target price on Kier Group plc from GBX 1,500 ($18.56) to GBX 1,430 ($17.70) and set a “buy” rating for the company in a report on Thursday, August 25th. One equities research analyst has rated the stock with a hold rating and nine have assigned a buy rating to the company. Kier Group plc currently has an average rating of “Buy” and a consensus target price of GBX 1,516.11 ($18.76).
Kier Group plc (LON:KIE) opened at 1359.00 on Wednesday. Kier Group plc has a 52-week low of GBX 917.50 and a 52-week high of GBX 1,418.00. The company’s 50-day moving average price is GBX 1,285.73 and its 200 day moving average price is GBX 1,191.70. The firm’s market capitalization is GBX 1.29 billion.
The firm also recently declared a dividend, which will be paid on Friday, December 2nd. Investors of record on Thursday, September 29th will be given a dividend of GBX 43 ($0.53) per share. This represents a yield of 3.34%. This is a positive change from Kier Group plc’s previous dividend of $21.50. The ex-dividend date is Thursday, September 29th.
In other Kier Group plc news, insider Veritiero,Claudio purchased 1,072 shares of the company’s stock in a transaction that occurred on Friday, July 15th. The shares were purchased at an average cost of GBX 839 ($10.38) per share, with a total value of £8,994.08 ($11,131.29).
About Kier Group plc
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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