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

Peel Hunt restated their buy rating on shares of Kier Group (LON:KIEFree Report) in a research report released on Thursday morning, MarketBeat.com reports. They currently have a GBX 260 target price on the stock.

Separately, Berenberg Bank lifted their target price on shares of Kier Group from GBX 225 to GBX 240 and gave the stock a “buy” rating in a research note on Tuesday, September 16th. Two analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of GBX 250.

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Kier Group Trading Down 0.7%

Shares of KIE stock opened at GBX 208.50 on Thursday. The business has a 50-day moving average of GBX 215.02 and a 200 day moving average of GBX 196.02. The company has a debt-to-equity ratio of 302.83, a current ratio of 0.88 and a quick ratio of 0.69. Kier Group has a 1-year low of GBX 107.20 and a 1-year high of GBX 250. The stock has a market capitalization of £907.26 million, a PE ratio of 17.23, a P/E/G ratio of 0.29 and a beta of 1.14.

Kier Group (LON:KIEGet Free Report) last announced its quarterly earnings results on Tuesday, September 16th. The company reported GBX 21.60 EPS for the quarter. Kier Group had a return on equity of 8.23% and a net margin of 1.09%. As a group, sell-side analysts anticipate that Kier Group will post 20.4913295 earnings per share for the current year.

Insider Buying and Selling at Kier Group

In other news, insider Simon Kesterton sold 350,000 shares of Kier Group stock in a transaction that occurred on Tuesday, September 16th. The stock was sold at an average price of GBX 204, for a total value of £714,000. Corporate insiders own 2.12% of the company’s stock.

Kier Group Company Profile

(Get Free Report)

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.

Further Reading

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