Kier Group (LON:KIE)‘s stock had its “buy” rating reiterated by equities research analysts at Canaccord Genuity in a research note issued on Thursday, March 15th. They currently have a GBX 1,400 ($19.65) target price on the stock. Canaccord Genuity’s price target would suggest a potential upside of 47.60% from the stock’s current price.
Several other equities research analysts also recently commented on KIE. Peel Hunt reissued a “buy” rating and set a GBX 1,600 ($22.46) target price on shares of Kier Group in a research report on Thursday, March 15th. Liberum Capital reissued a “buy” rating and set a GBX 1,600 ($22.46) target price on shares of Kier Group in a research report on Thursday, March 15th. JPMorgan Chase reissued an “overweight” rating and set a GBX 1,369 ($19.22) target price on shares of Kier Group in a research report on Monday, November 20th. Finally, Numis Securities reissued a “buy” rating and set a GBX 1,510 ($21.20) target price on shares of Kier Group in a research report on Thursday, January 25th. Six research analysts have rated the stock with a buy rating, The stock has a consensus rating of “Buy” and a consensus price target of GBX 1,495.80 ($21.00).
Shares of LON:KIE traded up GBX 13.50 ($0.19) during midday trading on Thursday, hitting GBX 948.50 ($13.31). 314,888 shares of the company’s stock were exchanged, compared to its average volume of 472,724. Kier Group has a 12 month low of GBX 942 ($13.22) and a 12 month high of GBX 1,505 ($21.13).
In other news, insider Adam Walker purchased 2,559 shares of the business’s stock in a transaction that occurred on Friday, March 16th. The shares were acquired at an average cost of GBX 971 ($13.63) per share, for a total transaction of £24,847.89 ($34,879.13). Over the last 90 days, insiders have purchased 2,587 shares of company stock worth $2,515,001.
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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.
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