Kier Group (KIE) Rating Reiterated by Liberum Capital

Liberum Capital reaffirmed their under review rating on shares of Kier Group (LON:KIE) in a research note published on Tuesday morning.

Several other equities research analysts have also commented on the stock. Peel Hunt reiterated a buy rating on shares of Kier Group in a research note on Friday, September 7th. Numis Securities reiterated a buy rating on shares of Kier Group in a research note on Friday, September 21st. JPMorgan Chase & Co. lowered shares of Kier Group to a neutral rating and cut their price target for the stock from GBX 994 ($12.99) to GBX 482 ($6.30) in a research note on Tuesday. Finally, Canaccord Genuity lowered shares of Kier Group to a hold rating and cut their price target for the stock from GBX 1,200 ($15.68) to GBX 525 ($6.86) in a research note on Tuesday. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and one has issued a buy rating to the company’s stock. The company currently has an average rating of Hold and an average price target of GBX 1,143.40 ($14.94).

Shares of LON:KIE opened at GBX 382 ($4.99) on Tuesday. Kier Group has a 12 month low of GBX 942 ($12.31) and a 12 month high of GBX 1,505 ($19.67).

The business also recently declared a dividend, which was paid on Monday, December 3rd. Investors of record on Thursday, September 27th were paid a dividend of GBX 46 ($0.60) per share. This is a positive change from Kier Group’s previous dividend of $23.00. This represents a yield of 4.43%. The ex-dividend date was Thursday, September 27th.

About Kier Group

Kier Group plc primarily engages in construction business in the United Kingdom, the Americas, 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, engineering design, mechanical and electrical design, interiors and refurbishments, and construction related technical services, as well as infrastructure support services for rail network.

See Also: Price to Earnings Ratio (PE), For Valuing Stocks

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