Kier Group plc (LON:KIE) shares hit a new 52-week low during trading on Friday . The company traded as low as GBX 1,027 ($13.51) and last traded at GBX 1,036 ($13.63), with a volume of 209828 shares traded. The stock had previously closed at GBX 1,041 ($13.69).
A number of research analysts recently commented on KIE shares. Liberum Capital restated a “buy” rating on shares of Kier Group plc in a research report on Monday, July 17th. Numis Securities Ltd restated a “buy” rating and issued a GBX 1,510 ($19.86) price target on shares of Kier Group plc in a research report on Wednesday, October 11th. Beaufort Securities restated a “buy” rating on shares of Kier Group plc in a research report on Friday, September 22nd. Peel Hunt restated a “buy” rating and issued a GBX 1,600 ($21.04) price target on shares of Kier Group plc in a research report on Thursday, September 21st. Finally, Canaccord Genuity restated a “buy” rating and issued a GBX 1,600 ($21.04) price target on shares of Kier Group plc in a research report on Thursday, September 21st. Seven research analysts have rated the stock with a buy rating, Kier Group plc has a consensus rating of “Buy” and a consensus price target of GBX 1,547.80 ($20.36).
The firm also recently announced a dividend, which will be paid on Friday, December 1st. Shareholders of record on Thursday, September 28th will be given a GBX 45 ($0.59) dividend. This represents a yield of 3.85%. The ex-dividend date of this dividend is Thursday, September 28th. This is a boost from Kier Group plc’s previous dividend of $22.50.
In other Kier Group plc news, insider Constance Baroudel bought 2,000 shares of the firm’s stock in a transaction on Wednesday, September 27th. The shares were purchased at an average price of GBX 1,161 ($15.27) per share, for a total transaction of £23,220 ($30,540.58). In the last quarter, insiders acquired 2,039 shares of company stock worth $2,367,309.
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Kier Group plc Company Profile
Kier Group plc is a property, residential, construction and services company. The Company’s segments include property, residential, construction and services. The property division encompasses property development and structured finance, and operates across various sectors with a focus on industrial, commercial, retail, leisure sectors and public sectors.
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