Kier Group plc (KIE) Given “Overweight” Rating at JPMorgan Chase & Co.
Kier Group plc (LON:KIE)‘s stock had its “overweight” rating restated by investment analysts at JPMorgan Chase & Co. in a report issued on Thursday. They presently have a GBX 1,570 ($19.48) price target on the stock. JPMorgan Chase & Co.’s target price suggests a potential upside of 12.63% from the company’s current price.
A number of other brokerages have also issued reports on KIE. Peel Hunt reissued a “buy” rating and issued a GBX 1,400 ($17.37) price target on shares of Kier Group plc in a report on Monday, October 10th. Numis Securities Ltd raised 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 report on Wednesday, October 12th. Jefferies Group dropped 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 for the company in a research report on Thursday, August 25th. Beaufort Securities reaffirmed a “buy” rating on shares of Kier Group plc in a research report on Wednesday, August 24th. Finally, Liberum Capital reaffirmed a “buy” rating and issued a GBX 1,420 ($17.62) target price on shares of Kier Group plc in a research report on Wednesday, September 28th. One analyst has rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. Kier Group plc 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 1401.00 on Thursday. The firm has a 50-day moving average of GBX 1,369.31 and a 200-day moving average of GBX 1,225.13. Kier Group plc has a 12 month low of GBX 917.50 and a 12 month high of GBX 1,431.72. The company’s market capitalization is GBX 1.34 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 is a boost from Kier Group plc’s previous dividend of $21.50. This represents a yield of 3.34%. The ex-dividend date is Thursday, September 29th.
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.
Receive News & Stock Ratings for Kier Group plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kier Group plc and related stocks with our FREE daily email newsletter.