Kier Group plc (KIE) Earns “Buy” Rating from Peel Hunt
Kier Group plc (LON:KIE)‘s stock had its “buy” rating reissued by Peel Hunt in a note issued to investors on Tuesday. They presently have a GBX 1,600 ($19.85) price target on the stock. Peel Hunt’s price target suggests a potential upside of 14.53% from the stock’s current price.
KIE has been the topic of a number of other research reports. JPMorgan Chase & Co. reaffirmed an “overweight” rating and set a GBX 1,550 ($19.23) target price (up previously from GBX 1,178 ($14.61)) on shares of Kier Group plc in a research note on Tuesday, October 11th. Liberum Capital reaffirmed a “buy” rating and set a GBX 1,420 ($17.62) target price on shares of Kier Group plc in a research note on Wednesday, September 28th. Beaufort Securities reaffirmed a “buy” rating on shares of Kier Group plc in a research note on Friday, September 23rd. Numis Securities Ltd boosted their target price on shares of Kier Group plc from GBX 1,407 ($17.45) to GBX 1,510 ($18.73) and gave the stock an “add” rating in a research note on Wednesday, October 12th. Finally, Jefferies Group decreased their target price on shares of Kier Group plc from GBX 1,500 ($18.61) to GBX 1,430 ($17.74) and set a “buy” rating on the stock in a research note on Thursday, August 25th. One analyst has rated the stock with a hold rating and eight have issued a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus price target of GBX 1,478.57 ($18.34).
Shares of Kier Group plc (LON:KIE) opened at 1381.00 on Tuesday. The company’s market cap is GBX 1.32 billion. Kier Group plc has a 52-week low of GBX 917.50 and a 52-week high of GBX 1,431.72. The company has a 50 day moving average of GBX 1,369.31 and a 200-day moving average of GBX 1,225.13.
The company also recently announced a dividend, which will be paid on Friday, December 2nd. Investors of record on Thursday, September 29th will be issued a GBX 43 ($0.53) dividend. This is a positive change from Kier Group plc’s previous dividend of $21.50. The ex-dividend date of this dividend is Thursday, September 29th. This represents a yield of 3.34%.
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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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