Keller Group (LON:KLR) Sets New 1-Year High – Here’s Why

Shares of Keller Group plc (LON:KLR) reached a new 52-week high on Thursday . The company traded as high as GBX 1,648 and last traded at GBX 1,636, with a volume of 103495 shares changing hands. The stock had previously closed at GBX 1,632.

Analyst Ratings Changes

KLR has been the topic of several analyst reports. Berenberg Bank reiterated a “buy” rating and set a GBX 1,900 price target on shares of Keller Group in a research report on Thursday, November 13th. Peel Hunt reaffirmed a “buy” rating and set a GBX 2,250 target price on shares of Keller Group in a report on Thursday, November 13th. Finally, Deutsche Bank Aktiengesellschaft raised shares of Keller Group to a “buy” rating and set a GBX 1,660 price target for the company in a report on Friday, August 29th. Three investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Keller Group presently has a consensus rating of “Buy” and a consensus target price of GBX 1,936.67.

Keller Group Trading Down 0.2%

The stock’s 50 day simple moving average is GBX 1,553.01 and its 200 day simple moving average is GBX 1,462.03. The firm has a market cap of £1.13 billion, a PE ratio of 8.57, a PEG ratio of 2.86 and a beta of 1.34. The company has a debt-to-equity ratio of 71.61, a quick ratio of 1.17 and a current ratio of 1.36.

Insider Transactions at Keller Group

In related news, insider Annette Kelleher bought 1,921 shares of the business’s stock in a transaction that occurred on Tuesday, October 14th. The stock was bought at an average cost of GBX 1,554 per share, for a total transaction of £29,852.34. Company insiders own 3.16% of the company’s stock.

About Keller Group

Keller Group plc provides specialist geotechnical services in North America, Europe, the Asia-Pacific, the Middle East, and Africa. The company offers ground improvement services, grouting, deep foundations, earth retention, marine, and instrumentation and monitoring services, as well as post-tension systems and industrial services.