Keller Group (LON:KLR) Earns “Buy” Rating from Berenberg Bank

Keller Group (LON:KLR)‘s stock had its “buy” rating restated by analysts at Berenberg Bank in a research report issued on Thursday, October 15th, Digital Look reports. They currently have a GBX 3,450 price target on the stock. Berenberg Bank‘s target price points to a potential upside of 12.60% from the stock’s current price.

A number of other research firms have also recently commented on KLR. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a GBX 3,150 price target on shares of Keller Group in a research note on Wednesday, August 5th. Peel Hunt reiterated a “buy” rating and issued a GBX 2,910 price target on shares of Keller Group in a report on Tuesday, August 4th. Two research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, Keller Group has a consensus rating of “Moderate Buy” and a consensus price target of GBX 2,945.

Keller Group Trading Down 4.0%

KLR stock traded down GBX 128 during mid-day trading on Thursday, reaching GBX 3,064. The company’s stock had a trading volume of 106,759 shares, compared to its average volume of 995,213. The company has a current ratio of 1.42, a quick ratio of 1.17 and a debt-to-equity ratio of 48.00. The company has a market cap of £2.06 billion, a price-to-earnings ratio of 13.90, a price-to-earnings-growth ratio of 2.86 and a beta of 0.98. The business’s 50 day moving average price is GBX 3,117.44 and its 200 day moving average price is GBX 2,802.58. Keller Group has a 12 month low of GBX 1,404 and a 12 month high of GBX 3,518.

Keller Group (LON:KLR) last posted its earnings results on Tuesday, August 4th. The company reported GBX 115.10 earnings per share (EPS) for the quarter. Keller Group had a net margin of 4.81% and a return on equity of 24.09%. On average, equities research analysts predict that Keller Group will post 192.59 EPS for the current year.

Insiders Place Their Bets

In other Keller Group news, insider Stephen King purchased 6,500 shares of the firm’s stock in a transaction that occurred on Thursday, August 6th. The stock was purchased at an average cost of GBX 3,062 per share, with a total value of £199,030. 3.25% of the stock is owned by company insiders.

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.