Kier Group plc (LON:KIE - Get Free Report) reached a new 52-week high during trading on Tuesday . The company traded as high as GBX 221 ($2.97) and last traded at GBX 220.50 ($2.96), with a volume of 1169099 shares traded. The stock had previously closed at GBX 214.50 ($2.88).
Wall Street Analysts Forecast Growth
Separately, Berenberg Bank increased their price objective on Kier Group from GBX 225 to GBX 240 and gave the stock a "buy" rating in a report on Tuesday, September 16th. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the company presently has a consensus rating of "Buy" and an average target price of GBX 240.
View Our Latest Research Report on Kier Group
Kier Group Price Performance
The business has a 50-day moving average of GBX 200.09 and a two-hundred day moving average of GBX 174.38. The firm has a market cap of £959.03 million, a P/E ratio of 2,321.05, a price-to-earnings-growth ratio of 0.29 and a beta of 1.14. The company has a current ratio of 0.88, a quick ratio of 0.69 and a debt-to-equity ratio of 302.83.
Kier Group (LON:KIE - Get Free Report) last released its quarterly earnings results on Tuesday, September 16th. The company reported GBX 21.60 EPS for the quarter. Kier Group had a return on equity of 8.23% and a net margin of 1.09%. On average, sell-side analysts anticipate that Kier Group plc will post 20.4913295 earnings per share for the current fiscal year.
Insider Buying and Selling
In other Kier Group news, insider Simon Kesterton sold 350,000 shares of the business's stock in a transaction that occurred on Tuesday, September 16th. The stock was sold at an average price of GBX 204, for a total transaction of £714,000. Corporate insiders own 1.50% of the company's stock.
About Kier Group
(
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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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