Kier Group (KIE) Hits New 1-Year Low at $873.50

Kier Group plc (LON:KIE) shares reached a new 52-week low during mid-day trading on Monday . The company traded as low as GBX 873.50 ($11.41) and last traded at GBX 897 ($11.72), with a volume of 280028 shares trading hands. The stock had previously closed at GBX 893 ($11.67).

A number of research analysts have issued reports on KIE shares. Liberum Capital restated a “buy” rating on shares of Kier Group in a report on Friday, September 14th. Peel Hunt restated a “buy” rating on shares of Kier Group in a report on Friday, September 7th. Finally, Numis Securities restated a “buy” rating on shares of Kier Group in a report on Friday, September 21st. One equities research analyst has rated the stock with a sell rating and five have given a buy rating to the company. Kier Group presently has an average rating of “Buy” and an average price target of GBX 1,495.80 ($19.55).

The business also recently disclosed a dividend, which will be paid on Monday, December 3rd. Stockholders of record on Thursday, September 27th will be paid a dividend of GBX 46 ($0.60) per share. The ex-dividend date of this dividend is Thursday, September 27th. This represents a dividend yield of 4.43%. This is an increase from Kier Group’s previous dividend of $23.00.

About Kier Group (LON:KIE)

Kier Group plc provides construction services in the United Kingdom, the Middle East, the Far East, and Australia. The company operates in four divisions: Property, Residential, Construction, and Services. It offers construction services, including civil engineering, construction management, design and build, engineering design, mechanical and electrical design, interiors and refurbishments, and construction related technical services, as well as infrastructure support services for rail network.

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