Peel Hunt Reiterates Buy Rating for Kier Group plc (KIE)
Several other equities research analysts also recently issued reports on the company. JPMorgan Chase & Co. cut their price target on Kier Group plc from GBX 1,338 ($17.47) to GBX 1,178 ($15.38) and set an overweight rating for the company in a report on Monday, July 11th. Beaufort Securities reaffirmed a buy rating on shares of Kier Group plc in a report on Wednesday, August 24th. Numis Securities Ltd reaffirmed a buy rating and set a GBX 1,407 ($18.37) price target on shares of Kier Group plc in a report on Tuesday, July 12th. Liberum Capital reaffirmed a buy rating and set a GBX 1,235 ($16.12) price target on shares of Kier Group plc in a report on Tuesday, July 5th. Finally, Jefferies Group cut their price target on Kier Group plc from GBX 1,500 ($19.58) to GBX 1,430 ($18.67) and set a buy rating for the company in a report on Thursday, August 25th. Ten research analysts have rated the stock with a buy rating, The company currently has an average rating of Buy and a consensus price target of GBX 1,442.78 ($18.83).
Shares of Kier Group plc (LON:KIE) opened at 1280.00 on Friday. The firm’s market cap is GBX 1.22 billion. Kier Group plc has a 52 week low of GBX 917.50 and a 52 week high of GBX 1,418.00. The stock has a 50 day moving average of GBX 1,206.69 and a 200 day moving average of GBX 1,187.03.
In other Kier Group plc news, insider Veritiero,Claudio bought 1,072 shares of the firm’s stock in a transaction on Friday, July 15th. The shares were purchased at an average price of GBX 839 ($10.95) per share, for a total transaction of £8,994.08 ($11,740.09).
About Kier Group plc
Kier Group plc is a United Kingdom-based company, which provides property, residential, construction and services. The Company’s business segments are Property, Residential, Construction, Services and Corporate. The Company operates across a range of sectors, including defense, education, health, housing, industrials, power, property, transport and utilities.
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