Kier Group plc (LON:KIE) has received an average rating of “Hold” from the six brokerages that are presently covering the firm, Marketbeat Ratings reports. Three research analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is GBX 369 ($4.82).
A number of brokerages recently issued reports on KIE. Jefferies Financial Group decreased their target price on Kier Group from GBX 110 ($1.44) to GBX 100 ($1.31) and set a “hold” rating for the company in a research report on Monday. Peel Hunt reissued a “buy” rating on shares of Kier Group in a research report on Monday, September 16th. Finally, Liberum Capital reissued a “buy” rating on shares of Kier Group in a research report on Thursday, September 26th.
In other Kier Group news, insider Claudio Veritiero sold 17,291 shares of the stock in a transaction that occurred on Wednesday, October 23rd. The stock was sold at an average price of GBX 118 ($1.54), for a total transaction of £20,403.38 ($26,660.63). Insiders have acquired a total of 362 shares of company stock valued at $44,940 over the last ninety days.
About Kier Group
Kier Group plc primarily engages in construction business in the United Kingdom, the Americas, the Middle East, the Far East, and Australia. The company operates in four divisions: Property, Residential, Construction, and Services. It offers construction services, including civil engineering, construction management, engineering design, mechanical and electrical design, interiors and refurbishments, and construction related technical services, as well as infrastructure support services for rail network.
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