Kier Group plc (KIE) Receives “Buy” Rating from Liberum Capital

Liberum Capital reaffirmed their buy rating on shares of Kier Group plc (LON:KIE) in a report released on Friday. They currently have a GBX 1,600 ($21.04) price objective on the stock.

KIE has been the topic of a number of other research reports. Peel Hunt reissued a buy rating and issued a GBX 1,600 ($21.04) price objective on shares of Kier Group plc in a research report on Tuesday, November 14th. Numis Securities Ltd reissued a buy rating and issued a GBX 1,510 ($19.86) price objective on shares of Kier Group plc in a research report on Thursday, September 21st. Canaccord Genuity reissued a buy rating and issued a GBX 1,600 ($21.04) price objective on shares of Kier Group plc in a research report on Thursday, September 21st. Finally, Beaufort Securities reissued a buy rating on shares of Kier Group plc in a research report on Friday, September 22nd. Seven equities research analysts have rated the stock with a buy rating, The stock presently has a consensus rating of Buy and a consensus target price of GBX 1,535.80 ($20.20).

Shares of Kier Group plc (LON KIE) opened at GBX 1,028 ($13.52) on Friday. Kier Group plc has a 1 year low of GBX 997.50 ($13.12) and a 1 year high of GBX 1,505 ($19.79).

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The company also recently declared a dividend, which will be paid on Friday, December 1st. Shareholders of record on Thursday, September 28th will be given a dividend of GBX 45 ($0.59) per share. This is a positive change from Kier Group plc’s previous dividend of $22.50. This represents a yield of 3.85%. The ex-dividend date of this dividend is Thursday, September 28th.

In other news, insider Constance Baroudel purchased 2,000 shares of the company’s stock in a transaction on Wednesday, September 27th. The shares were purchased at an average cost of GBX 1,161 ($15.27) per share, with a total value of £23,220 ($30,540.58). Also, insider Haydn Mursell purchased 1,912 shares of the company’s stock in a transaction on Friday, November 17th. The shares were purchased at an average cost of GBX 1,046 ($13.76) per share, for a total transaction of £19,999.52 ($26,304.77). Insiders have acquired 3,939 shares of company stock worth $4,353,005 over the last ninety days.

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.

Analyst Recommendations for Kier Group plc (LON:KIE)

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