Keller Group (LON:KLR) Reaches New 52-Week High – Still a Buy?

Keller Group plc (LON:KLR)’s share price reached a new 52-week high during trading on Tuesday . The company traded as high as GBX 1,666 and last traded at GBX 1,656, with a volume of 239042 shares. The stock had previously closed at GBX 1,660.

Analyst Ratings Changes

A number of analysts have recently weighed in on the company. Berenberg Bank reiterated a “buy” rating and set a GBX 1,900 target price on shares of Keller Group in a research report on Thursday, November 13th. Deutsche Bank Aktiengesellschaft raised Keller Group to a “buy” rating and set a GBX 1,660 price target for the company in a research note on Friday, August 29th. Finally, Peel Hunt reaffirmed a “buy” rating and set a GBX 2,250 price objective on shares of Keller Group in a research report on Thursday, November 13th. Three research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Keller Group currently has an average rating of “Buy” and an average target price of GBX 1,936.67.

Keller Group Stock Performance

The company has a 50 day moving average price of GBX 1,576.05 and a 200-day moving average price of GBX 1,465.93. The company has a current ratio of 1.36, a quick ratio of 1.17 and a debt-to-equity ratio of 71.61. The company has a market cap of £1.16 billion, a P/E ratio of 8.76, a price-to-earnings-growth ratio of 2.86 and a beta of 1.34.

Insider Transactions at Keller Group

In other Keller Group news, insider Annette Kelleher bought 1,921 shares of the stock in a transaction on Tuesday, October 14th. The stock was purchased at an average price of GBX 1,554 per share, with a total value of £29,852.34. 3.16% of the stock is currently owned by corporate insiders.

Keller Group Company Profile

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. It also provides solutions, such as bearing capacity improvement, low carbon construction, containment, excavation support, stabilisation, marine structures, seepage control, slope stabilization, and monitoring.