Keller Group (LON:KLR) Hits New 52-Week High – Still a Buy?

Keller Group plc (LON:KLR)’s share price reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as GBX 1,690 and last traded at GBX 1,650, with a volume of 18573 shares. The stock had previously closed at GBX 1,652.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on KLR. Peel Hunt reiterated a “buy” rating and set a GBX 2,250 price objective on shares of Keller Group in a research report on Thursday, November 13th. Berenberg Bank reaffirmed a “buy” rating and set a GBX 1,900 target price on shares of Keller Group in a report on Thursday, November 13th. Three analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Keller Group presently has an average rating of “Buy” and an average price target of GBX 1,936.67.

Keller Group Stock Performance

The firm’s 50-day simple moving average is GBX 1,588.93 and its two-hundred day simple moving average is GBX 1,470.84. The company has a current ratio of 1.36, a quick ratio of 1.17 and a debt-to-equity ratio of 71.61. The stock has a market capitalization of £1.15 billion, a PE ratio of 8.70, a PEG ratio of 2.86 and a beta of 1.34.

Insider Buying and Selling at Keller Group

In other Keller Group news, insider Annette Kelleher purchased 1,921 shares of the company’s stock in a transaction that occurred on Tuesday, October 14th. The shares were purchased at an average cost of GBX 1,554 per share, with a total value of £29,852.34. Corporate insiders own 3.16% of the company’s stock.

About Keller Group

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.