Keller Group (LON:KLR) Price Target Raised to GBX 3,600

Keller Group (LON:KLR) had its target price boosted by Berenberg Bank from GBX 3,450 to GBX 3,600 in a research note issued to investors on Thursday morning,Digital Look reports. The brokerage currently has a buy rating on the stock.

Several other equities research analysts have also weighed in on KLR. Deutsche Bank reissued a “hold” rating and issued a GBX 3,150 price objective on shares of Keller Group in a report on Wednesday, August 5th. Peel Hunt reiterated a “buy” rating and set a GBX 2,910 target price on shares of Keller Group in a research report on Tuesday, August 4th. Two equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 2,982.50.

Keller Group Price Performance

Shares of LON KLR opened at GBX 3,064 on Thursday. The stock has a fifty day simple moving average of GBX 3,159.10 and a two-hundred day simple moving average of GBX 2,648.13. Keller Group has a 1-year low of GBX 1,490 and a 1-year high of GBX 3,518. The firm has a market cap of £2.04 billion, a price-to-earnings ratio of 13.90, a price-to-earnings-growth ratio of 2.86 and a beta of 0.98. The company has a current ratio of 1.42, a quick ratio of 1.17 and a debt-to-equity ratio of 48.00.

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.