Berenberg Bank restated their buy rating on shares of Kier Group (LON:KIE – Free Report) in a research report report published on Thursday morning, MarketBeat reports. The brokerage currently has a GBX 210 ($2.75) price target on the stock.
Kier Group Stock Performance
KIE opened at GBX 140 ($1.83) on Thursday. The company has a market cap of £617.02 million, a PE ratio of 1,555.56, a price-to-earnings-growth ratio of 0.29 and a beta of 1.14. The stock has a 50-day moving average of GBX 152.22 and a 200-day moving average of GBX 142.37. Kier Group has a 52-week low of GBX 87.84 ($1.15) and a 52-week high of GBX 163.27 ($2.14). The company has a debt-to-equity ratio of 94.84, a quick ratio of 0.69 and a current ratio of 0.80.
Kier Group Increases Dividend
The business also recently declared a dividend, which will be paid on Friday, November 29th. Stockholders of record on Thursday, October 24th will be paid a dividend of GBX 3.48 ($0.05) per share. This represents a dividend yield of 2.32%. The ex-dividend date of this dividend is Thursday, October 24th. This is an increase from Kier Group’s previous dividend of $1.67. Kier Group’s dividend payout ratio is 3,333.33%.
Insider Transactions at Kier Group
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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