Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
The latest announcement is out from Kier Group plc ( (GB:KIE) ).
Kier Group plc announced the purchase of 36,150 of its Ordinary shares as part of its ongoing buyback programme, initiated in January 2025. This move, executed through Peel Hunt LLP, is part of Kier’s strategy to manage its share capital, with the purchased shares being held in treasury. The total number of shares bought back under the programme now stands at 5,333,283, reflecting Kier’s efforts to optimize shareholder value and manage voting rights effectively.
The most recent analyst rating on (GB:KIE) stock is a Buy with a £2.35 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 demonstrates solid financial performance with notable revenue and cash flow improvements, despite high leverage. The technical analysis supports a moderately bullish outlook, while corporate events positively influence the stock’s prospects. The fair valuation underscores a balanced investment case, driven particularly by strategic corporate actions.
To see Spark’s full report on GB:KIE stock, click here.
More about Kier Group plc
Kier Group plc is a leading UK infrastructure services, construction, and property group, offering specialist design and build capabilities. The company leverages the skills and intellectual capital of its workforce to manage and integrate all aspects of projects.
Average Trading Volume: 2,170,053
Technical Sentiment Signal: Buy
Current Market Cap: £840.7M
For detailed information about KIE stock, go to TipRanks’ Stock Analysis page.