Kier Group plc (KIE) Reaches New 12-Month Low at $1,027.00

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.

COPYRIGHT VIOLATION WARNING: This news story was reported by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are reading this news story on another website, it was illegally stolen and republished in violation of U.S. and international copyright and trademark law. The correct version of this news story can be accessed at https://www.dispatchtribunal.com/2017/11/12/kier-group-plc-kie-reaches-new-12-month-low-at-1027-00.html.

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.

Receive News & Ratings for Kier Group plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kier Group plc and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply