Kier Group plc (KIE) Rating Reiterated by Peel Hunt
Kier Group plc (LON:KIE)‘s stock had its “buy” rating restated by stock analysts at Peel Hunt in a report released on Tuesday. They currently have a GBX 1,600 ($19.85) target price on the stock. Peel Hunt’s price objective indicates a potential upside of 14.78% from the stock’s current price.
KIE has been the subject of several other reports. Beaufort Securities reissued a “buy” rating on shares of Kier Group plc in a research note on Wednesday, August 24th. Jefferies Group lowered their price target on shares of Kier Group plc from GBX 1,500 ($18.61) to GBX 1,430 ($17.74) and set a “buy” rating for the company in a research note on Thursday, August 25th. Numis Securities Ltd downgraded shares of Kier Group plc to an “add” rating and set a GBX 1,407 ($17.45) price target for the company. in a research note on Thursday, September 22nd. Liberum Capital boosted their price target on shares of Kier Group plc from GBX 1,235 ($15.32) to GBX 1,420 ($17.62) and gave the stock a “buy” rating in a research note on Thursday, September 22nd. Finally, JPMorgan Chase & Co. reissued an “overweight” rating on shares of Kier Group plc in a research note on Friday, September 23rd. One research analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company. Kier Group plc has a consensus rating of “Buy” and an average price target of GBX 1,478.57 ($18.34).
Shares of Kier Group plc (LON:KIE) opened at 1401.00 on Tuesday. The stock has a 50 day moving average price of GBX 1,369.31 and a 200 day moving average price of GBX 1,225.13. Kier Group plc has a 52 week low of GBX 917.50 and a 52 week high of GBX 1,431.72. The firm’s market capitalization is GBX 1.34 billion.
The company also recently disclosed a dividend, which will be paid on Friday, December 2nd. Stockholders of record on Thursday, September 29th will be paid a dividend of GBX 43 ($0.53) per share. This represents a dividend yield of 3.34%. This is an increase from Kier Group plc’s previous dividend of $21.50. The ex-dividend date of this dividend is Thursday, September 29th.
Kier Group plc Company Profile
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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