Keller Group (KLR) Rating Lowered to Hold at Peel Hunt

Keller Group (LON:KLR) was downgraded by investment analysts at Peel Hunt to a “hold” rating in a research note issued on Thursday. They currently have a GBX 675 ($8.82) target price on the stock. Peel Hunt’s target price would indicate a potential upside of 11.94% from the stock’s current price.

KLR has been the topic of a number of other reports. Liberum Capital raised their price target on Keller Group from GBX 1,350 ($17.64) to GBX 1,500 ($19.60) and gave the company a “buy” rating in a report on Thursday, October 11th. Berenberg Bank raised their price target on Keller Group from GBX 925 ($12.09) to GBX 1,150 ($15.03) and gave the company a “hold” rating in a report on Wednesday, August 22nd. Barclays reissued an “overweight” rating and set a GBX 914 ($11.94) price target (down from GBX 1,400 ($18.29)) on shares of Keller Group in a report on Tuesday, October 16th. Finally, Numis Securities raised their price target on Keller Group from GBX 1,000 ($13.07) to GBX 1,190 ($15.55) and gave the company a “hold” rating in a report on Monday, July 30th. Three analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus target price of GBX 981.80 ($12.83).

KLR stock traded down GBX 19 ($0.25) during mid-day trading on Thursday, reaching GBX 603 ($7.88). The company had a trading volume of 176,908 shares, compared to its average volume of 76,870. Keller Group has a one year low of GBX 790 ($10.32) and a one year high of GBX 1,072 ($14.01).

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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