Keller Group (KLR) Stock Rating Reaffirmed by Peel Hunt

Peel Hunt restated their add rating on shares of Keller Group (LON:KLR) in a research report released on Thursday. Peel Hunt currently has a GBX 1,055 ($14.58) price target on the stock.

A number of other research firms have also recently commented on KLR. Liberum Capital restated a buy rating and set a GBX 1,500 ($20.72) target price on shares of Keller Group in a research note on Friday, January 5th. Numis Securities raised their target price on shares of Keller Group from GBX 925 ($12.78) to GBX 1,000 ($13.82) and gave the stock a hold rating in a research note on Monday, February 26th.

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LON KLR opened at GBX 870 ($12.02) on Thursday. Keller Group has a 12 month low of GBX 790 ($10.91) and a 12 month high of GBX 1,072 ($14.81).

The company also recently announced a dividend, which will be paid on Friday, June 22nd. Shareholders of record on Thursday, May 31st will be paid a dividend of GBX 24.50 ($0.34) per share. This is a boost from Keller Group’s previous dividend of $9.70. The ex-dividend date of this dividend is Thursday, May 31st. This represents a yield of 2.67%.

In other news, insider Peter John Hill bought 9,000 shares of the firm’s stock in a transaction on Tuesday, February 27th. The shares were bought at an average price of GBX 943 ($13.03) per share, for a total transaction of £84,870 ($117,256.15).

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Keller Group Company Profile

Keller Group plc provides geotechnical solutions in North America, Europe, the Middle East, Africa, and the Asia-Pacific. The company offers ground improvement services to prepare the ground for new construction projects and to reduce the risk of liquefaction in the areas of seismic activity; and grouting services, which enhances target areas in the ground and control groundwater flow through rocks and soils by reducing their permeability.

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