Kier Group plc (LON:KIE) Insider Acquires £9,982.40 in Stock

Kier Group plc (LON:KIE) insider Matthew Lester purchased 7,340 shares of the company’s stock in a transaction that occurred on Friday, June 28th. The stock was bought at an average price of GBX 136 ($1.73) per share, with a total value of £9,982.40 ($12,663.20).

Kier Group Stock Down 3.4 %

Shares of LON:KIE opened at GBX 132.40 ($1.68) on Monday. The company has a current ratio of 0.80, a quick ratio of 0.69 and a debt-to-equity ratio of 94.84. The company has a fifty day simple moving average of GBX 140.51 and a 200 day simple moving average of GBX 130.32. The firm has a market cap of £597.89 million, a PE ratio of 1,471.11, a price-to-earnings-growth ratio of 0.29 and a beta of 0.80. Kier Group plc has a 12-month low of GBX 72.20 ($0.92) and a 12-month high of GBX 153.40 ($1.95).

Analysts Set New Price Targets

Separately, Berenberg Bank restated a “buy” rating and issued a GBX 210 ($2.66) price target on shares of Kier Group in a research note on Wednesday, May 15th.

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.