Kier Group (LON:KIE) Price Target Raised to GBX 370

Kier Group (LON:KIE) had its target price raised by Berenberg Bank from GBX 300 to GBX 370 in a report published on Wednesday, Marketbeat reports. Berenberg Bank currently has a buy rating on the stock.

Separately, Deutsche Bank Aktiengesellschaft boosted their price objective on shares of Kier Group from GBX 295 to GBX 330 and gave the company a “buy” rating in a research report on Tuesday, September 15th. Four research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock currently has an average rating of “Buy” and an average price target of GBX 300.

Kier Group Trading Up 0.5%

Shares of LON KIE opened at GBX 308 on Wednesday. Kier Group has a 1-year low of GBX 186.80 and a 1-year high of GBX 319.40. The company has a debt-to-equity ratio of 360.81, a current ratio of 0.90 and a quick ratio of 0.69. The business’s 50 day moving average is GBX 265.59 and its two-hundred day moving average is GBX 229.03. The stock has a market capitalization of £1.33 billion, a P/E ratio of 23.51, a PEG ratio of 0.29 and a beta of 0.89.

Kier Group (LON:KIE) last posted its quarterly earnings data on Tuesday, September 15th. The company reported GBX 23.50 earnings per share (EPS) for the quarter. Kier Group had a return on equity of 11.95% and a net margin of 1.42%. As a group, research analysts expect that Kier Group will post 20.4913295 EPS for the current year.

Kier Group Company Profile

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.