Key Points
- Insider buying: Kier Group insider Tom Hinton purchased 58 shares at GBX 259 each, investing £150.22. This follows purchases of 68 shares in July and 72 shares in June.
- Stock performance: Kier Group shares opened at GBX 253.40 and were down 1.2%, while trading between a 1-year low of GBX 178.60 and high of GBX 263.60.
- Analyst outlook: Berenberg reaffirmed a “Buy” rating with a GBX 260 price target, and the stock has an overall “Buy” consensus from three analysts with an average target of GBX 253.33.
Kier Group plc (LON:KIE - Get Free Report) insider Tom Hinton purchased 58 shares of the stock in a transaction dated Tuesday, August 18th. The stock was acquired at an average cost of GBX 259 per share, for a total transaction of £150.22.
Tom Hinton also recently made the following trade(s):
- On Friday, July 17th, Tom Hinton purchased 68 shares of Kier Group stock. The shares were acquired at an average price of GBX 221 per share, for a total transaction of £150.28.
- On Thursday, June 18th, Tom Hinton acquired 72 shares of Kier Group stock. The stock was acquired at an average cost of GBX 208 per share, with a total value of £149.76.
Kier Group Stock Down 1.2%
Kier Group stock opened at GBX 253.40 on Thursday. Kier Group plc has a 1-year low of GBX 178.60 and a 1-year high of GBX 263.60. The firm has a market capitalization of £1.11 billion, a price-to-earnings ratio of 19.34, a P/E/G ratio of 0.29 and a beta of 0.88. The company has a current ratio of 0.86, a quick ratio of 0.69 and a debt-to-equity ratio of 230.22. The firm has a 50 day simple moving average of GBX 229.30 and a 200 day simple moving average of GBX 219.32.
Analyst Upgrades and Downgrades
Separately, Berenberg Bank reaffirmed a "buy" rating and issued a GBX 260 price target on shares of Kier Group in a report on Wednesday, July 22nd. Three analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock presently has an average rating of "Buy" and an average target price of GBX 253.33.
View Our Latest Research Report on KIE
Kier Group Company Profile
(
Get Free Report)
Kier Group is a leading infrastructure services, construction and property group based in the UK.
Our purpose is to sustainably deliver infrastructure which is vital to the UK with a vision is to be the UK's leading infrastructure services and construction company.
We operate through three segments; Infrastructure Services, Construction and Property. Infrastructure Services comprises our Transportation and Natural Resources, Nuclear and Networks business. Transportation: builds and maintains roads for National Highways and a number of district and county councils as well as our rail, airports' infrastructure and ports' businesses.
Natural Resources, Nuclear and Networks: delivers long-term contracts providing repairs, maintains and support capital projects to the water, energy, and telecommunications sectors.
Construction — comprises of our Regional Building, Strategic Projects, Kier Places (Housing Maintenance and Facilities Management), and International businesses.
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