Kier Group (KIE) Earns “Buy” Rating from Liberum Capital
A number of other analysts also recently commented on KIE. Peel Hunt reiterated a buy rating and issued a GBX 1,600 ($22.11) price objective on shares of Kier Group in a report on Thursday, March 15th. Numis Securities reiterated a buy rating and issued a GBX 1,510 ($20.86) price objective on shares of Kier Group in a report on Thursday, March 15th. Canaccord Genuity reiterated a buy rating and issued a GBX 1,400 ($19.34) price objective on shares of Kier Group in a report on Thursday, March 15th. Finally, JPMorgan Chase & Co. reiterated an overweight rating and issued a GBX 1,369 ($18.91) price objective on shares of Kier Group in a report on Friday, March 16th. Seven research analysts have rated the stock with a buy rating, The stock currently has a consensus rating of Buy and an average price target of GBX 1,495.80 ($20.67).
KIE stock opened at GBX 970.50 ($13.41) on Wednesday. Kier Group has a 1 year low of GBX 942 ($13.01) and a 1 year high of GBX 1,505 ($20.79). The firm has a market cap of $937.56 and a PE ratio of 24,262.50.
In other Kier Group news, insider Adam Walker acquired 2,559 shares of the business’s stock in a transaction on Friday, March 16th. The stock was bought at an average price of GBX 971 ($13.42) per share, for a total transaction of £24,847.89 ($34,329.77). In the last quarter, insiders acquired 2,587 shares of company stock valued at $2,515,001.
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About Kier Group
Kier Group plc is a property, residential, construction and services company. The Company’s segments include property, residential, construction and services. The property division encompasses property development and structured finance, and operates across various sectors with a focus on industrial, commercial, retail, leisure sectors and public sectors.
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