Keller Group (LON:KLR) Earns Buy Rating from Berenberg Bank

Keller Group (LON:KLR)‘s stock had its “buy” rating restated by research analysts at Berenberg Bank in a report released on Thursday, Digital Look reports. They presently have a GBX 3,450 price target on the stock. Berenberg Bank’s price objective would indicate a potential upside of 13.56% from the stock’s previous close.

Other research analysts have also issued research reports about the stock. Peel Hunt restated a “buy” rating and issued a GBX 2,910 price target on shares of Keller Group in a report on Tuesday, August 4th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a GBX 3,150 price objective on shares of Keller Group in a research note on Wednesday, August 5th. Two equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 2,945.

Keller Group Stock Performance

Keller Group stock opened at GBX 3,038 on Thursday. The stock’s 50-day moving average is GBX 3,111.38 and its 200-day moving average is GBX 2,760.60. The company has a market cap of £2.05 billion, a price-to-earnings ratio of 13.78, a price-to-earnings-growth ratio of 2.86 and a beta of 0.98. The company has a debt-to-equity ratio of 48.00, a current ratio of 1.42 and a quick ratio of 1.17. Keller Group has a 12 month low of GBX 1,404 and a 12 month high of GBX 3,518.

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

Insider Buying and Selling

In related news, insider Stephen King acquired 6,500 shares of the business’s stock in a transaction on Thursday, August 6th. The shares were bought at an average cost of GBX 3,062 per share, with a total value of £199,030. 3.25% of the stock is owned by company insiders.

Keller Group Company Profile

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.