Tom Hinton Purchases 68 Shares of Kier Group (LON:KIE) Stock

Key Points

• Insider buying: Kier Group insider Tom Hinton bought 68 shares on July 17 at GBX 221 each, adding to earlier purchases of 72 shares in June and 77 shares in May.
• Stock performance: Kier Group shares rose 1 pence to GBX 222.80, with the company valued at about £975.5 million. The stock has traded between GBX 178.60 and GBX 253.50 over the past 52 weeks.
• Analyst sentiment: Berenberg kept a buy rating on Kier Group and set a GBX 260 target price. Overall, analysts tracked by MarketBeat also rate the stock a Buy with an average target of GBX 253.33.

Kier Group plc (LON:KIE - Get Free Report) insider Tom Hinton acquired 68 shares of the business's stock in a transaction that occurred on Friday, July 17th. The shares were bought at an average price of GBX 221 per share, with a total value of £150.28.

Tom Hinton also recently made the following trade(s):

• On Thursday, June 18th, Tom Hinton purchased 72 shares of Kier Group stock. The stock was acquired at an average price of GBX 208 per share, with a total value of £149.76.
• On Monday, May 18th, Tom Hinton acquired 77 shares of Kier Group stock. The shares were bought at an average cost of GBX 196 per share, with a total value of £150.92.

Kier Group Price Performance

Shares of Kier Group stock traded up GBX 1 on Monday, hitting GBX 222.80. 559,812 shares of the company traded hands, compared to its average volume of 4,114,713. The stock has a market capitalization of £975.52 million, a P/E ratio of 17.01, a price-to-earnings-growth ratio of 0.29 and a beta of 0.87. The company has a debt-to-equity ratio of 230.22, a quick ratio of 0.69 and a current ratio of 0.86. Kier Group plc has a 52 week low of GBX 178.60 and a 52 week high of GBX 253.50. The business has a 50-day simple moving average of GBX 209.49 and a 200 day simple moving average of GBX 215.46.

Wall Street Analyst Weigh In

Separately, Berenberg Bank restated a "buy" rating and set a GBX 260 target price on shares of Kier Group in a research report on Wednesday, April 15th. Three equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, Kier Group has an average rating of "Buy" and an average target price of GBX 253.33.

Kier Group Company Profile

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. Infrastructure Services comprises our Transportation and Natural Resources, Nuclear and Networks business. Transportation: builds and maintains roads for National Highways and a number of district and county councils as well as our rail, airports' infrastructure and ports' businesses. Natural Resources, Nuclear and Networks: delivers long-term contracts providing repairs, maintains and support capital projects to the water, energy, and telecommunications sectors. Construction — comprises of our Regional Building, Strategic Projects, Kier Places (Housing Maintenance and Facilities Management), and International businesses.

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