Peel Hunt Reiterates “Buy” Rating for Kier Group plc (KIE)
Kier Group plc (LON:KIE)‘s stock had its “buy” rating reissued by stock analysts at Peel Hunt in a research note issued on Tuesday. They presently have a GBX 1,600 ($21.04) target price on the stock. Peel Hunt’s price objective suggests a potential upside of 54.44% from the company’s current price.
Other analysts have also recently issued research reports about the stock. Liberum Capital reiterated a “buy” rating and issued a GBX 1,600 ($21.04) price target on shares of Kier Group plc in a report on Friday. Numis Securities Ltd reiterated a “buy” rating and issued a GBX 1,510 ($19.86) price target on shares of Kier Group plc in a report on Wednesday, October 11th. Beaufort Securities reiterated a “buy” rating on shares of Kier Group plc in a report on Friday, September 22nd. Finally, Canaccord Genuity reiterated a “buy” rating and issued a GBX 1,600 ($21.04) price target on shares of Kier Group plc in a report on Thursday, September 21st. Seven research analysts have rated the stock with a buy rating, Kier Group plc currently has a consensus rating of “Buy” and an average price target of GBX 1,547.80 ($20.36).
Shares of Kier Group plc (LON KIE) opened at GBX 1,036 ($13.63) on Tuesday. Kier Group plc has a fifty-two week low of GBX 1,010.71 ($13.29) and a fifty-two week high of GBX 1,505 ($19.79).
In other Kier Group plc news, insider Constance Baroudel bought 2,000 shares of the company’s stock in a transaction dated Wednesday, September 27th. The shares were purchased at an average price of GBX 1,161 ($15.27) per share, for a total transaction of £23,220 ($30,540.58). In the last 90 days, insiders have bought 2,039 shares of company stock worth $2,367,309.
Kier Group plc Company Profile
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.
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