Insider Buying: Kier Group (LON:KIE) Insider Buys 68 Shares of Stock

Kier Group plc (LON:KIE) insider Tom Hinton acquired 68 shares of the firm’s stock in a transaction on Friday, July 17th. The stock was purchased at an average cost of GBX 221 per share, with a total value of £150.28.

Tom Hinton also recently made the following trade(s):

• On Thursday, June 18th, Tom Hinton bought 72 shares of Kier Group stock. The shares were acquired at an average cost of GBX 208 per share, for a total transaction of £149.76.
• On Monday, May 18th, Tom Hinton purchased 77 shares of Kier Group stock. The stock was acquired at an average price of GBX 196 per share, for a total transaction of £150.92.

Kier Group Trading Up 0.5%

Shares of KIE stock traded up GBX 1 on Monday, reaching GBX 222.80. 559,812 shares of the company’s stock were exchanged, compared to its average volume of 4,114,713. The company’s fifty day simple moving average is GBX 209.49 and its 200 day simple moving average is GBX 215.46. Kier Group plc has a 52 week low of GBX 178.60 and a 52 week high of GBX 253.50. The company has a current ratio of 0.86, a quick ratio of 0.69 and a debt-to-equity ratio of 230.22. The stock has a market capitalization of £975.52 million, a PE ratio of 17.01, a P/E/G ratio of 0.29 and a beta of 0.87.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank reissued a “buy” rating and set a GBX 260 target price on shares of Kier Group in a research note on Wednesday, April 15th. Three equities research analysts have rated the stock with a Buy rating, According to MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of GBX 253.33.

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. Infrastructure Services comprises our Transportation and Natural Resources, Nuclear and Networks business. Transportation: builds and maintains roads for National Highways and a number of district and county councils as well as our rail, airports’ infrastructure and ports’ businesses.

Natural Resources, Nuclear and Networks: delivers long-term contracts providing repairs, maintains and support capital projects to the water, energy, and telecommunications sectors.

Construction — comprises of our Regional Building, Strategic Projects, Kier Places (Housing Maintenance and Facilities Management), and International businesses.