Berenberg Bank Reaffirms Buy Rating for Keller Group (LON:KLR)

Keller Group (LON:KLR)‘s stock had its “buy” rating restated by analysts at Berenberg Bank in a research report issued to clients and investors on Thursday, MarketBeat reports. They currently have a GBX 1,900 price target on the stock. Berenberg Bank’s target price would indicate a potential upside of 20.25% from the stock’s previous close.

Several other research analysts have also issued reports on the company. Peel Hunt reaffirmed a “buy” rating and set a GBX 2,250 target price on shares of Keller Group in a research report on Thursday. Deutsche Bank Aktiengesellschaft raised shares of Keller Group to a “buy” rating and set a GBX 1,660 price objective for the company in a research report on Friday, August 29th. Three analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus price target of GBX 1,936.67.

Keller Group Trading Up 6.3%

KLR traded up GBX 94 during trading on Thursday, hitting GBX 1,580. 146,991 shares of the stock were exchanged, compared to its average volume of 257,847. The company has a debt-to-equity ratio of 71.61, a quick ratio of 1.17 and a current ratio of 1.36. The firm has a 50 day simple moving average of GBX 1,484.28 and a 200 day simple moving average of GBX 1,451.54. The firm has a market cap of £1.10 billion, a price-to-earnings ratio of 8.30, a P/E/G ratio of 2.86 and a beta of 1.34. Keller Group has a 1 year low of GBX 1,222 and a 1 year high of GBX 1,634.

Insiders Place Their Bets

In other Keller Group news, insider Annette Kelleher purchased 1,921 shares of the company’s stock in a transaction on Tuesday, October 14th. The shares were bought at an average cost of GBX 1,554 per share, with a total value of £29,852.34. 3.15% of the stock is currently owned by corporate insiders.

About Keller Group

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.