Berenberg Bank Reiterates “Buy” Rating for Kier Group (LON:KIE)

Berenberg Bank reaffirmed their buy rating on shares of Kier Group (LON:KIEFree Report) in a research note published on Thursday morning, MarketBeat reports. The brokerage currently has a GBX 210 ($2.59) target price on the stock.

Kier Group Trading Down 0.9 %

KIE stock opened at GBX 146 ($1.80) on Thursday. Kier Group has a 1-year low of GBX 122.60 ($1.51) and a 1-year high of GBX 163.27 ($2.02). The company has a debt-to-equity ratio of 302.88, a current ratio of 0.88 and a quick ratio of 0.69. The company has a market capitalization of £643.47 million, a price-to-earnings ratio of 1,327.27, a PEG ratio of 0.29 and a beta of 1.14. The business has a 50 day simple moving average of GBX 146.17 and a two-hundred day simple moving average of GBX 146.89.

Kier Group Company Profile

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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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