Keller Group (LON:KLR) Earns Buy Rating from Berenberg Bank

Keller Group (LON:KLR)‘s stock had its “buy” rating restated by Berenberg Bank in a note issued to investors on Thursday, MarketBeat.com reports. They currently have a GBX 1,900 price objective on the stock. Berenberg Bank’s price objective suggests a potential upside of 20.25% from the stock’s previous close.

A number of other equities research analysts have also recently commented on the stock. Peel Hunt reissued a “buy” rating and issued a GBX 2,250 price objective on shares of Keller Group in a research note on Thursday. Deutsche Bank Aktiengesellschaft upgraded Keller Group to a “buy” rating and set a GBX 1,660 target price for the company in a research note on Friday, August 29th. Three equities research analysts have rated the stock with a Buy rating, According to MarketBeat, the company has a consensus rating of “Buy” and an average target price of GBX 1,936.67.

Keller Group Stock Up 6.3%

LON KLR traded up GBX 94 on Thursday, hitting GBX 1,580. 146,991 shares of the stock were exchanged, compared to its average volume of 257,847. Keller Group has a fifty-two week low of GBX 1,222 and a fifty-two week high of GBX 1,634. The company has a 50-day moving average price of GBX 1,484.28 and a 200-day moving average price of GBX 1,451.54. The company has a market cap of £1.10 billion, a PE ratio of 8.30, a PEG ratio of 2.86 and a beta of 1.34. The company has a quick ratio of 1.17, a current ratio of 1.36 and a debt-to-equity ratio of 71.61.

Insider Buying and Selling at Keller Group

In other Keller Group news, insider Annette Kelleher purchased 1,921 shares of the stock in a transaction on Tuesday, October 14th. The shares were purchased at an average cost of GBX 1,554 per share, for a total transaction of £29,852.34. 3.15% of the stock is currently 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.