Today, Kier Group plc (KIE) Earns “Buy” Rating from Peel Hunt

Today, Kier Group plc (KIE) Earns “Buy” Rating from Peel Hunt

Kier Group plc (LON:KIE)‘s stock had its “buy” rating reaffirmed by analysts at Peel Hunt in a research report issued to clients and investors on Tuesday. They currently have a GBX 1,600 ($19.85) price objective on the stock. Peel Hunt’s price objective points to a potential upside of 14.53% from the stock’s current price.

A number of other equities research analysts have also issued reports on the stock. JPMorgan Chase & Co. reissued an “overweight” rating and issued a GBX 1,570 ($19.48) price target on shares of Kier Group plc in a report on Friday, November 18th. Beaufort Securities reissued a “buy” rating on shares of Kier Group plc in a report on Friday, November 18th. Numis Securities Ltd lifted their target price on shares of Kier Group plc from GBX 1,407 ($17.45) to GBX 1,510 ($18.73) and gave the company an “add” rating in a research note on Wednesday, October 12th. Liberum Capital reaffirmed a “buy” rating and set a GBX 1,420 ($17.62) target price on shares of Kier Group plc in a research note on Wednesday, September 28th. Finally, Jefferies Group cut their target price on shares of Kier Group plc from GBX 1,500 ($18.61) to GBX 1,430 ($17.74) and set a “buy” rating on the stock in a research note on Thursday, August 25th. One research analyst has rated the stock with a hold rating and eight have given a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus target price of GBX 1,478.57 ($18.34).

Kier Group plc (LON:KIE) opened at 1381.00 on Tuesday. Kier Group plc has a one year low of GBX 917.50 and a one year high of GBX 1,431.72. The firm’s market cap is GBX 1.32 billion. The stock’s 50 day moving average is GBX 1,369.31 and its 200 day moving average is GBX 1,225.13.

The firm also recently declared a dividend, which will be paid on Friday, December 2nd. Investors of record on Thursday, September 29th will be given a dividend of GBX 43 ($0.53) per share. This is a boost from Kier Group plc’s previous dividend of $21.50. This represents a yield of 3.34%. The ex-dividend date is Thursday, September 29th.

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