Kier Group (LON:KIE) Price Target Raised to GBX 225

Key Points

• Berenberg Bank has raised its price target for Kier Group from GBX 210 to GBX 225, indicating a potential upside of 21.47% from the current price.
• Kier Group currently holds a "buy" rating from Berenberg Bank and has a market capitalization of £805.62 million.
• The stock traded at GBX 185.23, down GBX 1.17 during trading hours, with a trading volume significantly lower than its average.

Kier Group (LON:KIE - Get Free Report) had its price target boosted by investment analysts at Berenberg Bank from GBX 210 to GBX 225 in a note issued to investors on Monday, MarketBeat reports. The brokerage presently has a "buy" rating on the stock. Berenberg Bank's price target would indicate a potential upside of 18.42% from the company's previous close.

Kier Group Stock Performance

Kier Group stock traded down GBX 0.80 during midday trading on Monday, reaching GBX 190. 1,022,809 shares of the stock traded hands, compared to its average volume of 2,611,599. The company has a current ratio of 0.88, a quick ratio of 0.69 and a debt-to-equity ratio of 302.83. The firm has a fifty day moving average price of GBX 199.14 and a two-hundred day moving average price of GBX 168.57. The firm has a market cap of £826.37 million, a price-to-earnings ratio of 2,000.00, a PEG ratio of 0.29 and a beta of 1.14. Kier Group has a fifty-two week low of GBX 107.20 and a fifty-two week high of GBX 250.

Kier Group Company Profile

Kier Group is a leading infrastructure services, construction and property group based in the UK. Our purpose is to sustainably deliver infrastructure which is vital to the UK with a vision is to be the UK's leading infrastructure services and construction company. We operate through three segments; Infrastructure Services, Construction and Property.