Kier Group’s (KIE) Under Review Rating Reiterated at Liberum Capital
Several other research analysts have also recently weighed in on the stock. Canaccord Genuity cut shares of Kier Group to a hold rating and cut their price target for the stock from GBX 1,200 ($15.68) to GBX 525 ($6.86) in a report on Tuesday. JPMorgan Chase & Co. cut shares of Kier Group to a neutral rating and cut their price target for the stock from GBX 994 ($12.99) to GBX 482 ($6.30) in a report on Tuesday. Peel Hunt cut shares of Kier Group to a restricted rating in a report on Tuesday. Finally, Numis Securities restated 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, two have assigned a hold rating and one has issued a buy rating to the company’s stock. The stock has an average rating of Hold and a consensus price target of GBX 1,143.40 ($14.94).
Shares of LON KIE opened at GBX 399.60 ($5.22) on Tuesday. Kier Group has a 1 year low of GBX 942 ($12.31) and a 1 year high of GBX 1,505 ($19.67).
About Kier Group
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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