Kier Group (LON:KIE) Reaches New 12-Month High – Here’s Why

Shares of Kier Group plc (LON:KIE) hit a new 52-week high during trading on Tuesday . The company traded as high as GBX 195 ($2.66) and last traded at GBX 194.40 ($2.66), with a volume of 4734958 shares traded. The stock had previously closed at GBX 191.20 ($2.61).

Analyst Ratings Changes

Separately, Berenberg Bank reaffirmed a “buy” rating and set a GBX 210 ($2.87) target price on shares of Kier Group in a research note on Wednesday, June 4th.

Kier Group Stock Up 1.7%

The company has a debt-to-equity ratio of 302.83, a current ratio of 0.88 and a quick ratio of 0.69. The business’s 50 day simple moving average is GBX 162.89 and its 200 day simple moving average is GBX 148. The company has a market capitalization of £854.89 million, a PE ratio of 19.99, a P/E/G ratio of 0.29 and a beta of 1.14.

About Kier Group

Kier Group is a leading infrastructure services, construction and property group based in the UK.

Our purpose is to sustainably deliver infrastructure which is vital to the UK with a vision is to be the UK’s leading infrastructure services and construction company.

We operate through three segments; Infrastructure Services, Construction and Property.