Numis Securities Ltd Reiterates “Buy” Rating for Kier Group plc (KIE)
Kier Group plc (LON:KIE)‘s stock had its “buy” rating restated by analysts at Numis Securities Ltd in a research report issued on Thursday. They currently have a GBX 1,510 ($20.36) price objective on the stock. Numis Securities Ltd’s target price would suggest a potential upside of 29.39% from the stock’s previous close.
Several other research analysts have also recently issued reports on KIE. Liberum Capital reissued a “buy” rating and set a GBX 1,600 ($21.57) price target on shares of Kier Group plc in a report on Thursday. Peel Hunt reissued a “buy” rating and set a GBX 1,600 ($21.57) price target on shares of Kier Group plc in a report on Thursday. J P Morgan Chase & Co cut their price target on shares of Kier Group plc from GBX 1,639 ($22.10) to GBX 1,429 ($19.27) and set an “overweight” rating for the company in a report on Thursday, June 29th. Finally, Canaccord Genuity reissued a “buy” rating and set a GBX 1,600 ($21.57) price target on shares of Kier Group plc in a report on Wednesday, June 28th. Seven research analysts have rated the stock with a buy rating, The company currently has a consensus rating of “Buy” and an average target price of GBX 1,547.80 ($20.87).
Shares of Kier Group plc (LON KIE) opened at 1167.00 on Thursday. Kier Group plc has a 52-week low of GBX 1,085.00 and a 52-week high of GBX 1,505.00. The firm’s market capitalization is GBX 1.12 billion. The stock’s 50 day moving average price is GBX 1,180.73 and its 200-day moving average price is GBX 1,271.74.
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About Kier Group plc
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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