Peel Hunt Reaffirms “Buy” Rating for Keller Group (KLR)

Peel Hunt reaffirmed their buy rating on shares of Keller Group (LON:KLR) in a report released on Monday morning. The firm currently has a GBX 1,180 ($15.50) price objective on the stock, up from their previous price objective of GBX 1,160 ($15.24).

Other equities research analysts have also issued research reports about the company. Liberum Capital restated a buy rating on shares of Keller Group in a research report on Wednesday, May 23rd. Barclays assumed coverage on Keller Group in a research report on Thursday, June 7th. They issued an overweight rating and a GBX 1,400 ($18.39) price objective on the stock. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Keller Group presently has an average rating of Buy and an average target price of GBX 1,330 ($17.47).

Keller Group opened at GBX 1,052 ($13.82) on Monday, Marketbeat reports. Keller Group has a 12 month low of GBX 790 ($10.38) and a 12 month high of GBX 1,072 ($14.08).

Keller Group (LON:KLR) last released its quarterly earnings data on Monday, July 30th. The company reported GBX 41 ($0.54) EPS for the quarter, topping the Thomson Reuters’ consensus estimate of GBX 32.90 ($0.43) by GBX 8.10 ($0.11). Keller Group had a return on equity of 18.87% and a net margin of 4.21%.

The business also recently disclosed a dividend, which will be paid on Monday, September 3rd. Shareholders of record on Thursday, August 9th will be given a GBX 12 ($0.16) dividend. The ex-dividend date of this dividend is Thursday, August 9th. This represents a yield of 1.11%.

In other Keller Group news, insider Alain Michaelis sold 17,353 shares of the company’s stock in a transaction that occurred on Thursday, May 24th. The stock was sold at an average price of GBX 1,055 ($13.86), for a total value of £183,074.15 ($240,538.89).

About Keller Group

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 enhance target areas in the ground, and controls ground water flow through rocks and soils by reducing their permeability.

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Analyst Recommendations for Keller Group (LON:KLR)

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