Kier Group plc Surges to 52-Week High, Is Now Top Performer

 Kier Group plc Surges to 52 Week High, Is Now Top Performer

The stock of Kier Group plc (LON:KIE) hit a new 52-week high and has GBX 2001.94 target or 45.00% above today’s GBX 1380.65 share price. The 6 months bullish chart indicates low risk for the GBX 1.35B company. The 1-year high was reported on Nov, 11 by Barchart.com. If the GBX 2001.94 price target is reached, the company will be worth GBX 607.50M more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock. The stock decreased 0.67% or GBX 9.35 on November 11, hitting GBX 1380.65. About 170,848 shares traded hands. Kier Group plc (LON:KIE) has risen 13.46% since April 15, 2016 and is uptrending. It has outperformed by 7.32% the S&P500.

Kier Group plc (LON:KIE) Ratings Coverage

Out of 10 analysts covering Kier Group PLC (LON:KIE), 10 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. Kier Group PLC has been the topic of 57 analyst reports since August 11, 2015 according to StockzIntelligence Inc. The company was maintained on Thursday, September 22 by Peel Hunt. The stock of Kier Group plc (LON:KIE) has “Buy” rating given on Tuesday, July 19 by Peel Hunt. The rating was maintained by JP Morgan with “Overweight” on Friday, September 23. The stock of Kier Group plc (LON:KIE) has “Add” rating given on Wednesday, October 12 by Numis Securities. The stock of Kier Group plc (LON:KIE) earned “Buy” rating by Westhouse Securities on Tuesday, September 15. The company was maintained on Monday, October 10 by Peel Hunt. On Monday, March 21 the stock rating was maintained by JP Morgan with “Overweight”. Liberum Capital maintained Kier Group plc (LON:KIE) on Monday, February 1 with “Buy” rating. The company was reinitiated on Friday, August 28 by JP Morgan. The firm earned “Buy” rating on Thursday, March 17 by Peel Hunt.

More news for Kier Group plc (LON:KIE) were recently published by: Fool.Co.Uk, which released: “Why Kier Group plc, Ted Baker plc & Spire Healthcare Group PLC Are Stunning …” on March 17, 2016. Fool.Co.Uk‘s article titled: “Should you buy 6% yielders BP plc, TUI Travel plc, Kier Group plc and Aberdeen …” and published on July 07, 2016 is yet another important article.

Kier Group plc is a United Kingdom-based company, which provides property, residential, construction and services. The company has a market cap of 1.35 billion GBP. The Company’s business divisions are Property, Residential, Construction, Services and Corporate. It currently has negative earnings. The Firm operates across a range of sectors, including defense, education, health, housing, industrials, power, property, transport and utilities.

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