Liberum Capital Increases Keller Group (KLR) Price Target to GBX 1,500
Keller Group (LON:KLR) had its price objective raised by investment analysts at Liberum Capital from GBX 1,350 ($17.64) to GBX 1,500 ($19.60) in a research report issued to clients and investors on Thursday. The firm presently has a “buy” rating on the stock. Liberum Capital’s price objective suggests a potential upside of 127.62% from the company’s current price.
A number of other equities analysts have also issued reports on KLR. Numis Securities upped their target price on Keller Group from GBX 1,000 ($13.07) to GBX 1,190 ($15.55) and gave the company a “hold” rating in a research report on Monday, July 30th. Peel Hunt reaffirmed a “buy” rating on shares of Keller Group in a research report on Wednesday, July 18th. Finally, Berenberg Bank boosted their price target on Keller Group from GBX 925 ($12.09) to GBX 1,150 ($15.03) and gave the company a “hold” rating in a report on Wednesday, August 22nd. Three equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. Keller Group has a consensus rating of “Hold” and an average target price of GBX 1,256 ($16.41).
Shares of KLR opened at GBX 659 ($8.61) on Thursday. Keller Group has a 52-week low of GBX 790 ($10.32) and a 52-week high of GBX 1,072 ($14.01).
In other news, insider Venu Raju purchased 5,000 shares of the stock in a transaction dated Wednesday, August 8th. The stock was acquired at an average cost of GBX 1,054 ($13.77) per share, for a total transaction of £52,700 ($68,861.88).
Keller Group Company Profile
Keller Group plc provides geotechnical solutions in North America, Europe, the Middle East, Africa, and the Asia-Pacific. The company offers ground improvement services to prepare the ground for new construction projects and to reduce the risk of liquefaction in the areas of seismic activity; and grouting services, which enhance target areas in the ground, and controls ground water flow through rocks and soils by reducing their permeability.
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