Keller Group’s (KLR) Buy Rating Reiterated at Berenberg Bank

Berenberg Bank reissued their buy rating on shares of Keller Group (LON:KLR) in a research note released on Thursday,Digital Look reports. Berenberg Bank currently has a GBX 3,450 price objective on the stock.

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

Keller Group Price Performance

Shares of KLR stock opened at GBX 3,062 on Thursday. The stock has a 50-day moving average price of GBX 3,110.40 and a 200 day moving average price of GBX 2,770.41. 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 firm has a market cap of £2.06 billion, a price-to-earnings ratio of 13.89, a PEG ratio of 2.86 and a beta of 0.98. 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 announced its quarterly earnings data on Tuesday, August 4th. The company reported GBX 115.10 earnings per share for the quarter. Keller Group had a return on equity of 24.09% and a net margin of 4.81%. Research analysts expect that Keller Group will post 192.59 EPS for the current year.

Insider Activity

In related news, insider Stephen King purchased 6,500 shares of Keller Group stock in a transaction dated Thursday, August 6th. The shares were acquired at an average cost of GBX 3,062 per share, for a total transaction of £199,030. 3.25% of the stock is owned by corporate 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.