Analysts Set Keller Group plc (KLR) PT at $1,042.75

Keller Group plc (LON:KLR) has received a consensus recommendation of “Buy” from the six ratings firms that are currently covering the stock, MarketBeat.com reports. Three research analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is GBX 1,042.75 ($13.63).

KLR has been the subject of several analyst reports. Berenberg Bank reduced their target price on Keller Group from GBX 950 ($12.41) to GBX 630 ($8.23) and set a “hold” rating for the company in a report on Monday, January 28th. Peel Hunt upgraded Keller Group to an “add” rating and lowered their price objective for the company from GBX 675 ($8.82) to GBX 670 ($8.75) in a research report on Monday, March 4th. Liberum Capital restated a “buy” rating on shares of Keller Group in a research report on Monday, March 4th. Finally, Jefferies Financial Group lowered their price target on Keller Group from GBX 1,380 ($18.03) to GBX 1,357 ($17.73) and set a “buy” rating on the stock in a research report on Tuesday, April 9th.

Shares of KLR remained flat at $GBX 710 ($9.28) on Friday. The stock had a trading volume of 76,429 shares, compared to its average volume of 76,870. The company has a market capitalization of $509.46 million and a PE ratio of -34.47. The company has a current ratio of 1.49, a quick ratio of 1.30 and a debt-to-equity ratio of 89.15. Keller Group has a 1-year low of GBX 463 ($6.05) and a 1-year high of GBX 1,132 ($14.79).

The company also recently declared a dividend, which will be paid on Friday, June 21st. Stockholders of record on Thursday, May 30th will be paid a dividend of GBX 23.90 ($0.31) per share. This represents a dividend yield of 3.73%. The ex-dividend date of this dividend is Thursday, May 30th. This is a positive change from Keller Group’s previous dividend of $12.00. Keller Group’s dividend payout ratio is -1.75%.

Keller Group Company Profile

Keller Group plc provides geotechnical solutions in North America, Europe, the Middle East, Africa, and the Asia-Pacific. The company offers ground improvement services to prepare the ground for new construction projects and to reduce the risk of liquefaction in the areas of seismic activity; and grouting services, which enhance target areas in the ground, and controls ground water flow through rocks and soils by reducing their permeability.

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Analyst Recommendations for Keller Group (LON:KLR)

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