Keller Group (LON:KLR) Insider Stephen King Purchases 6,500 Shares

Key Points

• Insider purchase: Keller Group insider Stephen King bought 6,500 shares at GBX 3,062 each, for a total investment of approximately £199,030.
• Stock performance: Shares traded down GBX 8 to GBX 3,072, while remaining well above their 52-week low of GBX 1,238 and near the 52-week high of GBX 3,518.
• Analyst outlook: Analysts maintain a “Moderate Buy” consensus, with two Buy and two Hold ratings and an average price target of GBX 2,907.50.

Keller Group plc (LON:KLR - Get Free Report) insider Stephen King acquired 6,500 shares of Keller Group stock in a transaction on Thursday, August 6th. The shares were purchased at an average cost of GBX 3,062 per share, with a total value of £199,030.

Keller Group Stock Performance

Shares of KLR traded down GBX 8 during mid-day trading on Thursday, hitting GBX 3,072. The stock had a trading volume of 330,672 shares, compared to its average volume of 1,097,532. Keller Group plc has a 52 week low of GBX 1,238 and a 52 week high of GBX 3,518. The company has a debt-to-equity ratio of 48.39, a current ratio of 1.44 and a quick ratio of 1.17. The business has a fifty day moving average price of GBX 2,873.96 and a 200-day moving average price of GBX 2,351.05. The firm has a market cap of £2.10 billion, a P/E ratio of 15.46, a PEG ratio of 2.86 and a beta of 1.03.

Keller Group (LON:KLR - Get Free Report) last announced its quarterly earnings data on Tuesday, August 4th. The company reported GBX 115.10 earnings per share for the quarter. Keller Group had a return on equity of 23.46% and a net margin of 4.62%. On average, equities research analysts expect that Keller Group plc will post 192.5925926 EPS for the current year.

Analysts Set New Price Targets

KLR has been the subject of several analyst reports. Peel Hunt restated a "buy" rating and issued a GBX 2,910 target price on shares of Keller Group in a research note on Tuesday. Royal Bank Of Canada boosted their price target on shares of Keller Group from GBX 2,050 to GBX 2,270 and gave the company a "sector perform" rating in a research report on Tuesday, April 14th. Deutsche Bank Aktiengesellschaft reissued a "hold" rating and set a GBX 3,150 price objective on shares of Keller Group in a research note on Wednesday. Finally, Berenberg Bank boosted their target price on Keller Group from GBX 3,150 to GBX 3,300 and gave the stock a "buy" rating in a research report on Tuesday. Two research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, Keller Group has an average rating of "Moderate Buy" and an average target price of GBX 2,907.50.

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. It also provides solutions, such as bearing capacity improvement, low carbon construction, containment, excavation support, stabilisation, marine structures, seepage control, slope stabilization, and monitoring.

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