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Kier Group plc ( (GB:KIE) ) just unveiled an announcement.
Kier Group plc announced the purchase of 40,589 of its Ordinary shares as part of its ongoing buyback programme initiated in January 2025. This transaction, executed through Peel Hunt LLP, reflects Kier’s strategic move to hold these shares in treasury, impacting the total number of voting rights and potentially influencing shareholder interests under regulatory rules.
The most recent analyst rating on (GB:KIE) stock is a Buy with a £210.00 price target. To see the full list of analyst forecasts on Kier Group plc stock, see the GB:KIE Stock Forecast page.
Spark’s Take on GB:KIE Stock
According to Spark, TipRanks’ AI Analyst, GB:KIE is a Outperform.
Kier Group plc’s overall stock score reflects its strong financial performance and strategic corporate actions like share buybacks, which bolster investor confidence. However, technical indicators suggest caution due to potential overbought conditions.
To see Spark’s full report on GB:KIE stock, click here.
More about Kier Group plc
Kier Group plc is a prominent UK-based company specializing in infrastructure services, construction, and property. The company offers specialist design and build capabilities, leveraging the expertise and intellectual capital of its workforce to manage and integrate all aspects of projects.
Average Trading Volume: 2,043,468
Technical Sentiment Signal: Buy
Current Market Cap: £705.6M
For an in-depth examination of KIE stock, go to TipRanks’ Stock Analysis page.