Kier Group plc’s (KIE) “Overweight” Rating Reaffirmed at JPMorgan Chase & Co.
Kier Group plc (LON:KIE)‘s stock had its “overweight” rating reissued by equities researchers at JPMorgan Chase & Co. in a report released on Tuesday, April 25th. They currently have a GBX 1,639 ($21.16) price objective on the stock. JPMorgan Chase & Co.’s price objective suggests a potential upside of 34.90% from the company’s previous close.
Several other equities analysts also recently weighed in on the company. Berenberg Bank reiterated a “buy” rating on shares of Kier Group plc in a research report on Friday, March 24th. Peel Hunt reiterated a “buy” rating and set a GBX 1,600 ($20.65) target price on shares of Kier Group plc in a research report on Thursday, March 23rd. Liberum Capital reiterated a “buy” rating and set a GBX 1,520 ($19.62) target price on shares of Kier Group plc in a research report on Thursday, March 23rd. Canaccord Genuity reiterated a “buy” rating and set a GBX 1,374 ($17.74) target price on shares of Kier Group plc in a research report on Friday, March 31st. Finally, Numis Securities Ltd reiterated an “add” rating and set a GBX 1,510 ($19.49) target price on shares of Kier Group plc in a research report on Thursday, March 23rd. One equities research analyst has rated the stock with a hold rating and seven have given a buy rating to the stock. Kier Group plc has an average rating of “Buy” and an average price target of GBX 1,525.50 ($19.69).
Kier Group plc (LON:KIE) traded down 0.33% during midday trading on Tuesday, hitting GBX 1215.00. 895,856 shares of the stock were exchanged. Kier Group plc has a 1-year low of GBX 917.50 and a 1-year high of GBX 1,505.00. The firm’s 50-day moving average price is GBX 1,319.97 and its 200 day moving average price is GBX 1,386.72. The firm’s market capitalization is GBX 1.17 billion.
The company also recently disclosed a dividend, which was paid on Friday, May 19th. Stockholders of record on Thursday, March 30th were issued a GBX 22.50 ($0.29) dividend. The ex-dividend date was Thursday, March 30th. This represents a dividend yield of 1.5%.
ILLEGAL ACTIVITY NOTICE: This report was first published by The Cerbat Gem and is owned by of The Cerbat Gem. If you are viewing this report on another website, it was illegally stolen and republished in violation of U.S. and international copyright and trademark laws. The legal version of this report can be accessed at https://www.thecerbatgem.com/2017/05/20/kier-group-plc-kie-stock-rating-reaffirmed-by-jpmorgan-chase-co-updated-updated.html.
About Kier Group plc
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.
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.