Keller Group (LON:KLR) Reaches New 52-Week High – Still a Buy?

Keller Group plc (LON:KLR)’s share price reached a new 52-week high on Friday . The stock traded as high as GBX 1,634 and last traded at GBX 1,608, with a volume of 2141 shares changing hands. The stock had previously closed at GBX 1,606.

Analyst Upgrades and Downgrades

KLR has been the subject of a number of research analyst reports. Berenberg Bank restated a “buy” rating and set a GBX 1,900 price objective on shares of Keller Group in a report on Thursday, November 13th. Deutsche Bank Aktiengesellschaft raised Keller Group to a “buy” rating and set a GBX 1,660 price target for the company in a report on Friday, August 29th. Finally, Peel Hunt restated a “buy” rating and issued a GBX 2,250 price target on shares of Keller Group in a research note on Thursday, November 13th. Three equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, Keller Group currently has a consensus rating of “Buy” and a consensus target price of GBX 1,936.67.

Keller Group Stock Performance

The stock has a 50 day simple moving average of GBX 1,530.73 and a 200 day simple moving average of GBX 1,458.75. The company has a current ratio of 1.36, a quick ratio of 1.17 and a debt-to-equity ratio of 71.61. The stock has a market cap of £1.13 billion, a P/E ratio of 8.53, a price-to-earnings-growth ratio of 2.86 and a beta of 1.34.

Insider Transactions at Keller Group

In other Keller Group news, insider Annette Kelleher bought 1,921 shares of the business’s stock in a transaction that occurred on Tuesday, October 14th. The stock was bought at an average cost of GBX 1,554 per share, for a total transaction of £29,852.34. Company insiders own 3.15% of the company’s stock.

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.