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An announcement from Kier Group plc ( (GB:KIE) ) is now available.
Kier Group plc has announced the purchase of 34,896 of its Ordinary shares as part of its ongoing buyback programme, initiated on 21 January 2025. This move, executed through Peel Hunt LLP, is part of Kier’s strategy to hold shares in treasury, which may impact shareholder voting rights and interest notifications under Financial Conduct Authority 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 shows strong financial performance and positive corporate events, notably a share buyback program that signals confidence in the company’s prospects. Technical analysis indicates mixed signals with a positive long-term trend. Valuation suggests reasonable pricing with a high dividend yield. The high debt-to-equity ratio remains a concern, requiring careful financial planning.
To see Spark’s full report on GB:KIE stock, click here.
More about Kier Group plc
Kier is a leading UK infrastructure services, construction, and property group, providing specialist design and build capabilities. The company leverages the knowledge, skills, and intellectual capital of its people to ensure comprehensive project management and integration.
Average Trading Volume: 2,206,489
Technical Sentiment Signal: Buy
Current Market Cap: £840.9M
For an in-depth examination of KIE stock, go to TipRanks’ Overview page.