Kier Group’s (KIE) “Buy” Rating Reaffirmed at Peel Hunt
KIE has been the topic of several other reports. Liberum Capital reiterated a buy rating and issued a GBX 1,600 ($21.70) price target on shares of Kier Group in a research note on Friday, November 17th. JPMorgan Chase & Co. reissued an overweight rating and issued a GBX 1,369 ($18.57) price objective on shares of Kier Group in a research report on Monday, November 20th. Finally, Numis Securities reissued a buy rating and issued a GBX 1,510 ($20.48) price objective on shares of Kier Group in a research report on Wednesday, October 11th. Seven investment analysts have rated the stock with a buy rating, Kier Group currently has a consensus rating of Buy and an average price target of GBX 1,535.80 ($20.83).
Shares of Kier Group (LON:KIE) traded up GBX 5.50 ($0.07) during mid-day trading on Tuesday, reaching GBX 961 ($13.03). 1,630,000 shares of the company’s stock traded hands, compared to its average volume of 235,521. Kier Group has a 12-month low of GBX 942 ($12.77) and a 12-month high of GBX 1,505 ($20.41). The firm has a market cap of $936.59 and a price-to-earnings ratio of 6,006.25.
About Kier Group
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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