Keller Group (LON:KLR) Sets New 1-Year High – Should You Buy?

Keller Group plc (LON:KLR) shares reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as GBX 1,694 and last traded at GBX 1,694, with a volume of 69128 shares trading hands. The stock had previously closed at GBX 1,666.

Analyst Ratings Changes

A number of equities research analysts have weighed in on the stock. Berenberg Bank reiterated a “buy” rating and set a GBX 1,900 price target on shares of Keller Group in a research note on Thursday, November 13th. Peel Hunt reaffirmed a “buy” rating and set a GBX 2,250 price objective on shares of Keller Group in a report on Thursday, November 13th. Three analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock has an average rating of “Buy” and a consensus target price of GBX 1,936.67.

Keller Group Stock Performance

The stock has a market capitalization of £1.18 billion, a price-to-earnings ratio of 8.90, a price-to-earnings-growth ratio of 2.86 and a beta of 1.34. The stock’s 50-day simple moving average is GBX 1,596.81 and its 200 day simple moving average is GBX 1,476.55. The company has a quick ratio of 1.17, a current ratio of 1.36 and a debt-to-equity ratio of 71.61.

Insider Buying and Selling at Keller Group

In other news, insider Annette Kelleher bought 1,921 shares of the company’s stock in a transaction dated Tuesday, October 14th. The stock was bought at an average price of GBX 1,554 per share, for a total transaction of £29,852.34. Corporate insiders own 3.16% of the company’s stock.

About Keller Group

Keller Group plc provides specialist geotechnical services in North America, Europe, the Asia-Pacific, the Middle East, and Africa. The company offers ground improvement services, grouting, deep foundations, earth retention, marine, and instrumentation and monitoring services, as well as post-tension systems and industrial services. It also provides solutions, such as bearing capacity improvement, low carbon construction, containment, excavation support, stabilisation, marine structures, seepage control, slope stabilization, and monitoring.