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Kier Group (LON:KIE) Sets New 12-Month High - Still a Buy?

Kier Group logo with Industrials background

Shares of Kier Group plc (LON:KIE - Get Free Report) reached a new 52-week high during trading on Monday . The stock traded as high as GBX 215.50 ($2.94) and last traded at GBX 211.34 ($2.89), with a volume of 4291862 shares trading hands. The stock had previously closed at GBX 214.50 ($2.93).

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank restated a "buy" rating and set a GBX 210 ($2.87) price objective on shares of Kier Group in a research report on Wednesday, June 4th.

Read Our Latest Stock Analysis on KIE

Kier Group Price Performance

The company's 50-day moving average price is GBX 170.25 and its 200-day moving average price is GBX 149.84. The firm has a market cap of £863.07 million, a price-to-earnings ratio of 20.19, a PEG ratio of 0.29 and a beta of 1.14. The company has a quick ratio of 0.69, a current ratio of 0.88 and a debt-to-equity ratio of 302.83.

About Kier Group

(Get Free Report)

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.

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