Keller Group (LON:KLR) Reaches New 12-Month High – Here’s Why

Keller Group plc (LON:KLR) reached a new 52-week high on Monday . The company traded as high as GBX 1,786 and last traded at GBX 1,700, with a volume of 197804 shares changing hands. The stock had previously closed at GBX 1,706.

Analysts Set New Price Targets

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

Keller Group Stock Up 0.3%

The firm has a market capitalization of £1.16 billion, a price-to-earnings ratio of 8.78, a P/E/G ratio of 2.86 and a beta of 1.34. The firm has a fifty day moving average price of GBX 1,609.89 and a 200 day moving average price of GBX 1,486.43. The company has a current ratio of 1.36, a quick ratio of 1.17 and a debt-to-equity ratio of 71.61.

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.