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

Keller Group plc (LON:KLR) shares hit a new 52-week high during mid-day trading on Monday . The stock traded as high as GBX 1,968 and last traded at GBX 1,952, with a volume of 15673 shares changing hands. The stock had previously closed at GBX 1,932.36.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on the company. Berenberg Bank reissued a “buy” rating and set a GBX 1,900 price objective on shares of Keller Group in a report on Thursday, November 13th. Peel Hunt reaffirmed 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, Keller Group has an average rating of “Buy” and an average target price of GBX 1,936.67.

Keller Group Price Performance

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 company’s 50 day moving average price is GBX 1,718.59 and its 200 day moving average price is GBX 1,550.63. The company has a market cap of £1.35 billion, a price-to-earnings ratio of 10.25, a P/E/G ratio of 2.86 and a beta of 1.34.

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.