Kier Group plc (LON:KIE) had its price target increased by equities researchers at Numis Securities Ltd from GBX 1,407 ($17.41) to GBX 1,510 ($18.69) in a research report issued to clients and investors on Wednesday. The firm currently has an “add” rating on the stock. Numis Securities Ltd’s price target would indicate a potential upside of 11.19% from the stock’s current price.
KIE has been the subject of a number of other reports. Peel Hunt dropped their price target on Kier Group plc from GBX 1,800 ($22.28) to GBX 1,400 ($17.33) and set a “buy” rating for the company in a report on Tuesday, July 19th. JPMorgan Chase & Co. lowered their target price on Kier Group plc from GBX 1,503 ($18.60) to GBX 1,338 ($16.56) and set an “overweight” rating for the company in a research note on Tuesday, July 5th. Beaufort Securities reissued a “buy” rating on shares of Kier Group plc in a research note on Tuesday, July 5th. Liberum Capital lifted their target price 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 note on Thursday, September 22nd. Finally, Jefferies Group lowered their target price on Kier Group plc from GBX 1,500 ($18.56) to GBX 1,430 ($17.70) and set a “buy” rating for the company in a research note on Thursday, August 25th. One analyst has rated the stock with a hold rating and nine have assigned a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus target price of GBX 1,516.11 ($18.76).
Kier Group plc (LON:KIE) opened at 1359.00 on Wednesday. Kier Group plc has a 52-week low of GBX 917.50 and a 52-week high of GBX 1,418.00. The firm’s market capitalization is GBX 1.29 billion. The company’s 50-day moving average price is GBX 1,285.73 and its 200 day moving average price is GBX 1,191.70.
The company also recently announced a dividend, which will be paid on Friday, December 2nd. Stockholders of record on Thursday, September 29th will be paid a GBX 43 ($0.53) dividend. This is a boost from Kier Group plc’s previous dividend of $21.50. This represents a dividend yield of 3.34%. The ex-dividend date of this dividend is Thursday, September 29th.
In related news, insider Veritiero,Claudio purchased 1,072 shares of Kier Group plc stock in a transaction dated Friday, July 15th. The shares were acquired at an average cost of GBX 839 ($10.38) per share, for a total transaction of £8,994.08 ($11,131.29).
About Kier Group plc
Kier Group plc is a United Kingdom-based company, which provides property, residential, construction and services. The Company’s business segments are Property, Residential, Construction, Services and Corporate. The Company operates across a range of sectors, including defense, education, health, housing, industrials, power, property, transport and utilities.
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