Keller Group (LON:KLR) Sets New 52-Week High – What’s Next?

Shares of Keller Group plc (LON:KLR) hit a new 52-week high during trading on Tuesday . The stock traded as high as GBX 1,666 and last traded at GBX 1,656, with a volume of 239042 shares. The stock had previously closed at GBX 1,660.

Analysts Set New Price Targets

KLR has been the subject of a number of research analyst reports. Peel Hunt reaffirmed a “buy” rating and issued a GBX 2,250 price target on shares of Keller Group in a report on Thursday, November 13th. Deutsche Bank Aktiengesellschaft upgraded shares of Keller Group to a “buy” rating and set a GBX 1,660 price objective for the company in a research report on Friday, August 29th. Finally, Berenberg Bank reaffirmed a “buy” rating and issued a GBX 1,900 target price on shares of Keller Group in a research note on Thursday, November 13th. Three research analysts have rated the stock with a Buy rating, According to MarketBeat.com, Keller Group has an average rating of “Buy” and a consensus price target of GBX 1,936.67.

Keller Group Stock Performance

The stock has a market capitalization of £1.15 billion, a price-to-earnings ratio of 8.72, a price-to-earnings-growth ratio of 2.86 and a beta of 1.34. The company has a debt-to-equity ratio of 71.61, a current ratio of 1.36 and a quick ratio of 1.17. The stock has a 50-day moving average of GBX 1,580.61 and a 200 day moving average of GBX 1,468.36.

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 that occurred on Tuesday, October 14th. The stock was acquired at an average cost of GBX 1,554 per share, with a total value of £29,852.34. 3.16% of the stock is currently owned by corporate 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.