Keller Group (LON:KLR) Stock Price Crosses Above Two Hundred Day Moving Average – Here’s What Happened

by · The Markets Daily

Keller Group plc (LON:KLR – Get Free Report)’s stock price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 2,408.68 and traded as high as GBX 3,124. Keller Group shares last traded at GBX 3,118, with a volume of 81,390 shares traded.

Analysts Set New Price Targets

A number of equities analysts have weighed in on the stock. Berenberg Bank lifted their price target on shares of Keller Group from GBX 3,150 to GBX 3,300 and gave the company a “buy” rating in a report on Tuesday, August 4th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a GBX 3,150 target price on shares of Keller Group in a research report on Wednesday, August 5th. Finally, Peel Hunt reiterated a “buy” rating and issued a GBX 2,910 target price on shares of Keller Group in a report on Tuesday, August 4th. Two equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of GBX 2,907.50.

Read Our Latest Report on Keller Group

Keller Group Stock Performance

The stock’s 50-day moving average is GBX 2,972.57 and its 200-day moving average is GBX 2,413.43. The company has a current ratio of 1.42, a quick ratio of 1.17 and a debt-to-equity ratio of 48.00. The stock has a market cap of £2.10 billion, a price-to-earnings ratio of 15.54, a P/E/G ratio of 2.86 and a beta of 1.03.

Keller Group (LON:KLR – Get Free Report) last released its quarterly earnings data on Tuesday, August 4th. The company reported GBX 115.10 earnings per share (EPS) for the quarter. Keller Group had a net margin of 4.81% and a return on equity of 24.09%. On average, analysts expect that Keller Group plc will post 192.5925926 EPS for the current year.

Insiders Place Their Bets

In related news, insider Stephen King purchased 6,500 shares of the stock in a transaction that occurred on Thursday, August 6th. The stock was purchased at an average cost of GBX 3,062 per share, for a total transaction of £199,030. Company insiders own 3.22% of the company’s stock.

About Keller Group

(Get Free Report)

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.

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