Keller Group (LON:KLR) Hits New 52-Week High – Here’s Why

Keller Group plc (LON:KLR)’s share price reached a new 52-week high on Thursday . The stock traded as high as GBX 1,786 and last traded at GBX 1,774.53, with a volume of 97360 shares trading hands. The stock had previously closed at GBX 1,754.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on KLR shares. Berenberg Bank restated a “buy” rating and issued a GBX 1,900 price objective on shares of Keller Group in a research note on Thursday, November 13th. Peel Hunt reissued a “buy” rating and set a GBX 2,250 target price on shares of Keller Group in a research note on Thursday, November 13th. Three investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, Keller Group presently has an average rating of “Buy” and a consensus price target of GBX 1,936.67.

Keller Group Price Performance

The stock’s 50-day simple moving average is GBX 1,665.81 and its 200 day simple moving average is GBX 1,514.26. The company has a quick ratio of 1.17, a current ratio of 1.36 and a debt-to-equity ratio of 71.61. The company has a market cap of £1.23 billion, a price-to-earnings ratio of 9.31, a PEG ratio of 2.86 and a beta of 1.34.

Keller Group Company Profile

Keller Group plc provides specialist geotechnical services in North America, Europe, the Asia-Pacific, the Middle East, and Africa. The company offers ground improvement services, grouting, deep foundations, earth retention, marine, and instrumentation and monitoring services, as well as post-tension systems and industrial services. It also provides solutions, such as bearing capacity improvement, low carbon construction, containment, excavation support, stabilisation, marine structures, seepage control, slope stabilization, and monitoring.