Keller Group (LON:KLR) Sets New 52-Week High – Here’s Why

Shares of Keller Group plc (LON:KLR) reached a new 52-week high during mid-day trading on Monday . The company traded as high as GBX 1,786 and last traded at GBX 1,700, with a volume of 197804 shares trading hands. The stock had previously closed at GBX 1,706.

Analysts Set New Price Targets

A number of analysts recently weighed in on the stock. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 1,900 price objective on shares of Keller Group in a report on Thursday, November 13th. Peel Hunt restated a “buy” rating and issued a GBX 2,250 target price on shares of Keller Group in a research report on Thursday, November 13th. Three investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of GBX 1,936.67.

Keller Group Stock Down 0.6%

The firm’s fifty day moving average is GBX 1,605.65 and its two-hundred day moving average is GBX 1,483.41. The firm has a market cap of £1.17 billion, a price-to-earnings ratio of 8.90, a P/E/G ratio of 2.86 and a beta of 1.34. The company has a debt-to-equity ratio of 71.61, a current ratio of 1.36 and a quick ratio of 1.17.

Insider Buying and Selling at Keller Group

In related news, insider Annette Kelleher acquired 1,921 shares of the firm’s stock in a transaction dated Tuesday, October 14th. The stock was acquired at an average cost of GBX 1,554 per share, for a total transaction of £29,852.34. Corporate insiders own 3.16% of the company’s stock.

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. It also provides solutions, such as bearing capacity improvement, low carbon construction, containment, excavation support, stabilisation, marine structures, seepage control, slope stabilization, and monitoring.