Berenberg Bank Reiterates "Buy" Rating for Keller Group (LON:KLR)

Key Points

• Berenberg Bank has reaffirmed a "buy" rating for Keller Group with a target price of GBX 1,900, indicating a potential upside of 42.64% from the current stock price.
• Deutsche Bank also upgraded Keller Group to a "buy" rating with a price target of GBX 1,660, contributing to a consensus "buy" rating among analysts.
• Keller Group's stock traded at GBX 1,332, with a 52-week range between GBX 1,222 and GBX 1,698, and it recently reported an earnings per share (EPS) of GBX 99.70.

Berenberg Bank restated their buy rating on shares of Keller Group (LON:KLR - Free Report) in a research note released on Tuesday, Marketbeat Ratings reports. The brokerage currently has a GBX 1,900 price target on the stock.

Separately, Deutsche Bank Aktiengesellschaft upgraded shares of Keller Group to a "buy" rating and set a GBX 1,660 price target on the stock in a report on Friday, August 29th. Two analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company currently has a consensus rating of "Buy" and an average price target of GBX 1,780.

Keller Group Stock Up 0.1%

Shares of LON KLR traded up GBX 2 on Tuesday, reaching GBX 1,366. 106,196 shares of the company's stock traded hands, compared to its average volume of 289,845. Keller Group has a 12 month low of GBX 1,222 and a 12 month high of GBX 1,698. The business's 50 day simple moving average is GBX 1,351.14 and its two-hundred day simple moving average is GBX 1,408.40. The company has a market cap of £957.91 million, a price-to-earnings ratio of 717.44, a price-to-earnings-growth ratio of 2.86 and a beta of 1.34. The company has a quick ratio of 1.17, a current ratio of 1.36 and a debt-to-equity ratio of 71.61.

Keller Group (LON:KLR - Get Free Report) last announced its earnings results on Tuesday, August 5th. The company reported GBX 99.70 earnings per share for the quarter. Keller Group had a net margin of 4.20% and a return on equity of 23.55%. As a group, equities research analysts forecast that Keller Group will post 192.5925926 EPS for the current fiscal year.

About Keller Group

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.