Keller Group (LON:KLR) Given Buy Rating at Berenberg Bank

Keller Group (LON:KLR)‘s stock had its “buy” rating reiterated by Berenberg Bank in a research note issued to investors on Thursday, Digital Look reports. They currently have a GBX 3,450 target price on the stock. Berenberg Bank’s target price indicates a potential upside of 12.96% from the company’s current price.

Several other equities research analysts have also issued reports on the company. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a GBX 3,150 price objective on shares of Keller Group in a research note on Wednesday, August 5th. Peel Hunt reissued a “buy” rating and set a GBX 2,910 target price on shares of Keller Group in a research report on Tuesday, August 4th. Two equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of GBX 2,945.

Keller Group Stock Performance

Shares of LON:KLR opened at GBX 3,054.21 on Thursday. Keller Group has a 52 week low of GBX 1,404 and a 52 week high of GBX 3,518. The stock has a market capitalization of £2.06 billion, a P/E ratio of 13.85, a PEG ratio of 2.86 and a beta of 0.98. The firm has a fifty day simple moving average of GBX 3,111.38 and a two-hundred day simple moving average of GBX 2,760.60. The company has a quick ratio of 1.17, a current ratio of 1.42 and a debt-to-equity ratio of 48.00.

Keller Group (LON:KLR) last posted its earnings results on Tuesday, August 4th. The company reported GBX 115.10 earnings per share for the quarter. Keller Group had a net margin of 4.81% and a return on equity of 24.09%. On average, analysts expect that Keller Group will post 192.59 earnings per share for the current fiscal year.

Insider Activity

In other news, insider Stephen King acquired 6,500 shares of the company’s stock in a transaction that occurred on Thursday, August 6th. The shares were bought at an average price of GBX 3,062 per share, with a total value of £199,030. Insiders own 3.25% of the company’s stock.

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.