Shares of Kier Group plc (LON:KIE – Get Free Report) passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 141.15 ($1.86) and traded as high as GBX 155.60 ($2.05). Kier Group shares last traded at GBX 152 ($2.00), with a volume of 1,158,370 shares traded.
Wall Street Analyst Weigh In
Separately, Berenberg Bank restated a “buy” rating and set a GBX 210 ($2.77) target price on shares of Kier Group in a research report on Thursday, July 18th.
Check Out Our Latest Report on KIE
Kier Group Trading Down 0.3 %
Insider Buying and Selling
In related news, insider Matthew Lester purchased 7,340 shares of the firm’s stock in a transaction on Friday, June 28th. The stock was purchased at an average cost of GBX 136 ($1.79) per share, with a total value of £9,982.40 ($13,164.18). 5.81% of the stock is owned by insiders.
Kier Group Company Profile
Kier Group plc primarily engages in the construction business in the United Kingdom and internationally. The company operates through three segments: Construction, Infrastructure Services, and Property. It constructs power stations, roads, bridges, railways, tunnels, and buildings for public and private sectors including schools, hospitals and prisons; and provides maintenance services for the UK road, rail, and utilities infrastructure, as well as reactive repairs.
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