JPMorgan Chase & Co. Reiterates Overweight Rating for Kier Group plc (KIE)

Kier Group plc (LON:KIE)‘s stock had its “overweight” rating reissued by research analysts at JPMorgan Chase & Co. in a research report issued to clients and investors on Friday. They presently have a GBX 1,570 ($19.62) price target on the stock. JPMorgan Chase & Co.’s price objective would indicate a potential upside of 13.44% from the stock’s previous close.

A number of other research firms also recently commented on KIE. Beaufort Securities reissued a “buy” rating on shares of Kier Group plc in a research report on Friday. Peel Hunt reissued a “buy” rating on shares of Kier Group plc in a research report on Thursday, November 17th. Numis Securities Ltd raised their target price on shares of Kier Group plc from GBX 1,407 ($17.58) to GBX 1,510 ($18.87) and gave the company an “add” rating in a research report on Wednesday, October 12th. Liberum Capital reissued a “buy” rating and set a GBX 1,420 ($17.74) target price on shares of Kier Group plc in a research report on Wednesday, September 28th. Finally, Jefferies Group cut their target price on shares of Kier Group plc from GBX 1,500 ($18.74) to GBX 1,430 ($17.87) and set a “buy” rating on the stock in a research report on Thursday, August 25th. One investment analyst has rated the stock with a hold rating and eight have given a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus price target of GBX 1,444.38 ($18.05).

Analyst Recommendations for Kier Group plc (LON:KIE)

Kier Group plc (LON:KIE) opened at 1400.00 on Friday. Kier Group plc has a 12-month low of GBX 917.50 and a 12-month high of GBX 1,431.72. The stock’s market capitalization is GBX 1.34 billion. The stock’s 50 day moving average is GBX 1,364.36 and its 200 day moving average is GBX 1,217.56.

The company also recently declared a dividend, which will be paid on Friday, December 2nd. Stockholders of record on Thursday, September 29th will be issued a GBX 43 ($0.54) dividend. This is a boost from Kier Group plc’s previous dividend of $21.50. This represents a dividend yield of 3.34%. The ex-dividend date of this dividend is Thursday, September 29th.

Kier Group plc Company Profile

Kier Group plc is a United Kingdom-based company, which provides property, residential, construction and services. The Company’s business segments are Property, Residential, Construction, Services and Corporate. The Company operates across a range of sectors, including defense, education, health, housing, industrials, power, property, transport and utilities.

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