Keller Group (LON:KLR) Hits New 12-Month High – Here’s Why

Keller Group plc (LON:KLR)’s stock price hit a new 52-week high on Monday . The company traded as high as GBX 2,035 and last traded at GBX 2,023.17, with a volume of 94989 shares trading hands. The stock had previously closed at GBX 2,021.96.

Analyst Upgrades and Downgrades

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

Keller Group Price Performance

The company has a fifty day simple moving average of GBX 1,754.47 and a two-hundred day simple moving average of GBX 1,573.16. 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 stock has a market capitalization of £1.39 billion, a price-to-earnings ratio of 10.62, a PEG ratio of 2.86 and a beta of 1.34.

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