Keller Group (LON:KLR) Hits New 1-Year High – Here’s Why

Keller Group plc (LON:KLR) reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as GBX 1,690 and last traded at GBX 1,650, with a volume of 18573 shares traded. The stock had previously closed at GBX 1,652.

Analysts Set New Price Targets

A number of research analysts recently commented on KLR shares. Peel Hunt reaffirmed a “buy” rating and set a GBX 2,250 price objective on shares of Keller Group in a research report on Thursday, November 13th. Berenberg Bank restated a “buy” rating and set a GBX 1,900 price target on shares of Keller Group in a report on Thursday, November 13th. Three research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock has a consensus rating of “Buy” and an average target price of GBX 1,936.67.

Keller Group Stock Up 0.2%

The stock has a market cap of £1.15 billion, a price-to-earnings ratio of 8.70, a P/E/G ratio of 2.86 and a beta of 1.34. The business has a fifty day moving average of GBX 1,588.93 and a 200 day moving average of GBX 1,470.84. The company has a debt-to-equity ratio of 71.61, a current ratio of 1.36 and a quick ratio of 1.17.

Insider Activity at Keller Group

In other Keller Group news, insider Annette Kelleher purchased 1,921 shares of the company’s stock in a transaction dated Tuesday, October 14th. The shares were bought at an average price of GBX 1,554 per share, for a total transaction of £29,852.34. 3.16% of the stock is currently owned by company insiders.

About Keller Group

Keller Group plc provides specialist geotechnical services in North America, Europe, the Asia-Pacific, the Middle East, and Africa. The company offers ground improvement services, grouting, deep foundations, earth retention, marine, and instrumentation and monitoring services, as well as post-tension systems and industrial services. It also provides solutions, such as bearing capacity improvement, low carbon construction, containment, excavation support, stabilisation, marine structures, seepage control, slope stabilization, and monitoring.