Kier Group (KIE) Reaches New 1-Year Low at $801.50
Shares of Kier Group plc (LON:KIE) reached a new 52-week low during mid-day trading on Thursday . The stock traded as low as GBX 801.50 ($10.47) and last traded at GBX 825 ($10.78), with a volume of 510366 shares trading hands. The stock had previously closed at GBX 890 ($11.63).
KIE has been the topic of several recent analyst reports. Peel Hunt reaffirmed a “buy” rating on shares of Kier Group in a report on Friday, September 7th. Liberum Capital reaffirmed a “buy” rating on shares of Kier Group in a report on Friday, September 14th. Finally, Numis Securities reaffirmed a “buy” rating on shares of Kier Group in a report on Friday, September 21st. One research analyst has rated the stock with a sell rating and five have given a buy rating to the stock. Kier Group has an average rating of “Buy” and a consensus target price of GBX 1,495.80 ($19.55).
The business also recently declared a dividend, which will be paid on Monday, December 3rd. Investors of record on Thursday, September 27th will be issued a GBX 46 ($0.60) dividend. The ex-dividend date is Thursday, September 27th. This is a boost from Kier Group’s previous dividend of $23.00. This represents a yield of 4.43%.
About Kier Group (LON:KIE)
Kier Group plc primarily engages in construction business in the United Kingdom, the Americas, the Middle East, the Far East, and Australia. The company operates in four divisions: Property, Residential, Construction, and Services. It offers construction services, including civil engineering, construction management, engineering design, mechanical and electrical design, interiors and refurbishments, and construction related technical services, as well as infrastructure support services for rail network.
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