Kier Group’s (KIE) Buy Rating Reaffirmed at Peel Hunt

Kier Group (LON:KIE)‘s stock had its “buy” rating restated by stock analysts at Peel Hunt in a research report issued on Tuesday,London Stock Exchange reports. They currently have a GBX 260 price target on the stock. Peel Hunt’s target price would indicate a potential upside of 20.66% from the company’s previous close.

Other equities analysts have also issued reports about the company. Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 240 price objective on shares of Kier Group in a research note on Thursday, November 13th. Berenberg Bank raised their price objective on shares of Kier Group from GBX 225 to GBX 240 and gave the stock a “buy” rating in a report on Tuesday, September 16th. Three equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of GBX 246.67.

Kier Group Trading Down 1.2%

Shares of Kier Group stock traded down GBX 2.52 during mid-day trading on Tuesday, hitting GBX 215.48. 2,801,541 shares of the stock were exchanged, compared to its average volume of 2,469,118. The stock has a market capitalization of £937.64 million, a price-to-earnings ratio of 17.81, a price-to-earnings-growth ratio of 0.29 and a beta of 1.14. The company has a current ratio of 0.88, a quick ratio of 0.69 and a debt-to-equity ratio of 302.83. Kier Group has a twelve month low of GBX 107.20 and a twelve month high of GBX 250. The company has a 50-day simple moving average of GBX 218.79 and a 200 day simple moving average of GBX 201.98.

Kier Group (LON:KIE) last posted its quarterly earnings data on Tuesday, September 16th. The company reported GBX 21.60 earnings per share (EPS) for the quarter. Kier Group had a return on equity of 8.23% and a net margin of 1.09%. Research analysts forecast that Kier Group will post 20.4913295 EPS for the current year.

Insider Transactions at Kier Group

In other Kier Group news, insider Simon Kesterton sold 350,000 shares of the business’s stock in a transaction dated Tuesday, September 16th. The shares were sold at an average price of GBX 204, for a total transaction of £714,000. Insiders own 2.12% of the company’s stock.

About Kier Group

Kier Group is a leading infrastructure services, construction and property group based in the UK.

Our purpose is to sustainably deliver infrastructure which is vital to the UK with a vision is to be the UK’s leading infrastructure services and construction company.

We operate through three segments; Infrastructure Services, Construction and Property.