Kier Group (LON:KIE) Receives Buy Rating from Berenberg Bank

Kier Group (LON:KIEGet Free Report)‘s stock had its “buy” rating reiterated by analysts at Berenberg Bank in a research report issued on Thursday,Digital Look reports. They presently have a GBX 210 ($2.59) price target on the stock. Berenberg Bank’s price objective would indicate a potential upside of 44.23% from the stock’s previous close.

Kier Group Stock Performance

LON KIE opened at GBX 145.60 ($1.79) on Thursday. The firm has a 50-day moving average price of GBX 146.17 and a two-hundred day moving average price of GBX 146.89. Kier Group has a 12-month low of GBX 122.60 ($1.51) and a 12-month high of GBX 163.27 ($2.01). The company has a market capitalization of £641.70 million, a P/E ratio of 1,323.64, a P/E/G ratio of 0.29 and a beta of 1.14. The company has a quick ratio of 0.69, a current ratio of 0.88 and a debt-to-equity ratio of 302.88.

About Kier Group

(Get Free Report)

Kier Group is a leading infrastructure services, construction and property group based in the UK.

Our purpose is to sustainably deliver infrastructure which is vital to the UK with a vision is to be the UK’s leading infrastructure services and construction company.

We operate through three segments; Infrastructure Services, Construction and Property.

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