Kier Group plc (LON:KIE)‘s stock had its “overweight” rating reaffirmed by research analysts at JPMorgan Chase & Co. in a report issued on Tuesday. They presently have a GBX 1,550 ($19.18) price objective on the stock, up from their prior price objective of GBX 1,178 ($14.58). JPMorgan Chase & Co.’s target price would indicate a potential upside of 14.90% from the stock’s previous close.
KIE has been the topic of several other reports. Peel Hunt reduced their price objective on Kier Group plc from GBX 1,800 ($22.28) to GBX 1,400 ($17.33) and set a “buy” rating on the stock in a research report on Tuesday, July 19th. Beaufort Securities reiterated a “buy” rating on shares of Kier Group plc in a research report on Tuesday, July 5th. Liberum Capital increased their price objective on Kier Group plc from GBX 1,235 ($15.28) to GBX 1,420 ($17.57) and gave the company a “buy” rating in a research report on Thursday, September 22nd. Numis Securities Ltd reiterated a “buy” rating and set a GBX 1,407 ($17.41) price objective on shares of Kier Group plc in a research report on Tuesday, July 12th. Finally, Jefferies Group reduced their price objective on Kier Group plc from GBX 1,500 ($18.56) to GBX 1,430 ($17.70) and set a “buy” rating on the stock in a research report on Thursday, August 25th. One research analyst has rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. Kier Group plc has an average rating of “Buy” and a consensus price target of GBX 1,516.11 ($18.76).
Kier Group plc (LON:KIE) opened at 1342.36 on Tuesday. Kier Group plc has a 1-year low of GBX 917.50 and a 1-year high of GBX 1,418.00. The firm’s market capitalization is GBX 1.28 billion. The company has a 50 day moving average price of GBX 1,290.05 and a 200-day moving average price of GBX 1,192.80.
The business also recently announced a dividend, which will be paid on Friday, December 2nd. Investors of record on Thursday, September 29th will be issued a dividend of GBX 43 ($0.53) per share. The ex-dividend date of this dividend is Thursday, September 29th. This is a boost from Kier Group plc’s previous dividend of $21.50. This represents a yield of 3.34%.
In related news, insider Veritiero,Claudio bought 1,072 shares of the company’s stock in a transaction that occurred on Friday, July 15th. The stock was bought at an average cost of GBX 839 ($10.38) per share, for a total transaction of £8,994.08 ($11,131.29).