Keller Group (LON:KLR) Stock Price Expected to Rise, Berenberg Bank Analyst Says

Keller Group (LON:KLR) had its target price lifted by research analysts at Berenberg Bank from GBX 3,450 to GBX 3,600 in a report issued on Thursday, Digital Look reports. The brokerage currently has a “buy” rating on the stock. Berenberg Bank‘s target price would suggest a potential upside of 18.66% from the stock’s current price.

A number of other equities analysts have also commented on KLR. Peel Hunt reissued a “buy” rating and issued a GBX 2,910 price target on shares of Keller Group in a research report on Tuesday, August 4th. Deutsche Bank reiterated a “hold” rating and issued a GBX 3,150 target price on shares of Keller Group in a report on Wednesday, August 5th. Two research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, Keller Group currently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 2,982.50.

Keller Group Stock Up 1.1%

Shares of Keller Group stock opened at GBX 3,034 on Thursday. The stock has a market capitalization of £2.02 billion, a P/E ratio of 13.76, a PEG ratio of 2.86 and a beta of 0.98. The company has a quick ratio of 1.17, a current ratio of 1.42 and a debt-to-equity ratio of 48.00. The stock has a 50 day moving average price of GBX 3,156.78 and a two-hundred day moving average price of GBX 2,634.84. Keller Group has a 12-month low of GBX 1,440 and a 12-month high of GBX 3,518.

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.