Numis Securities Reaffirms “Buy” Rating for Kier Group (KIE)

Numis Securities reaffirmed their buy rating on shares of Kier Group (LON:KIE) in a report published on Thursday morning. Numis Securities currently has a GBX 1,510 ($20.48) price objective on the stock.

Other research analysts have also recently issued research reports about the stock. Liberum Capital restated a buy rating and set a GBX 1,600 ($21.70) target price on shares of Kier Group in a research note on Wednesday, September 27th. Peel Hunt restated a buy rating and set a GBX 1,600 ($21.70) target price on shares of Kier Group in a research note on Monday, January 8th. Finally, JPMorgan Chase & Co. restated an overweight rating and set a GBX 1,369 ($18.57) target price on shares of Kier Group in a research note on Monday, November 20th. Seven research analysts have rated the stock with a buy rating, Kier Group presently has an average rating of Buy and a consensus target price of GBX 1,495.80 ($20.28).

Kier Group (KIE) opened at GBX 1,126 ($15.27) on Thursday. The firm has a market cap of $1,100.00 and a price-to-earnings ratio of 7,037.50. Kier Group has a one year low of GBX 942 ($12.77) and a one year high of GBX 1,505 ($20.41).

In related news, insider Haydn Mursell purchased 1,912 shares of the firm’s stock in a transaction on Friday, November 17th. The shares were acquired at an average price of GBX 1,046 ($14.18) per share, for a total transaction of £19,999.52 ($27,121.67). Also, insider Nigel Brook purchased 875 shares of the firm’s stock in a transaction on Wednesday, November 22nd. The stock was bought at an average price of GBX 1,022 ($13.86) per share, for a total transaction of £8,942.50 ($12,127.07). In the last 90 days, insiders have purchased 2,829 shares of company stock worth $2,938,974.

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About Kier Group

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.

Analyst Recommendations for Kier Group (LON:KIE)

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