Kier Group (LON:KIE) Hits New 1-Year High - Should You Buy?

Kier Group plc (LON:KIE - Get Free Report) reached a new 52-week high during trading on Thursday . The stock traded as high as GBX 177.80 ($2.42) and last traded at GBX 176.60 ($2.40), with a volume of 1117384 shares. The stock had previously closed at GBX 174.60 ($2.38).

Analysts Set New Price Targets

Separately, Berenberg Bank reaffirmed a "buy" rating and set a GBX 210 ($2.86) target price on shares of Kier Group in a research note on Wednesday, June 4th.

Kier Group Stock Performance

The business has a 50 day moving average of GBX 151.44 and a 200-day moving average of GBX 145.44. The company has a debt-to-equity ratio of 302.83, a quick ratio of 0.69 and a current ratio of 0.88. The company has a market capitalization of £761.40 million, a P/E ratio of 17.81, a price-to-earnings-growth ratio of 0.29 and a beta of 1.14.

Kier Group (LON:KIE - Get Free Report) last released its quarterly earnings results on Tuesday, March 11th. The company reported GBX 8.70 ($0.12) 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 predict that Kier Group plc will post 20.4913295 EPS for the current fiscal year.

About Kier Group

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.