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.
Kier Group plc ( (GB:KIE) ) has issued an update.
Kier Group plc announced the purchase of 63,191 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 strategy to manage its capital structure effectively. Following this purchase, Kier holds a total of 6,067,522 Ordinary Shares in treasury, with the total number of voting rights amounting to 446,807,868. This move is in line with regulatory requirements and aims to strengthen the company’s financial position.
The most recent analyst rating on (GB:KIE) stock is a Buy with a £222.00 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 strong financial performance and positive corporate events are the primary strengths, although technical indicators reflect some short-term market volatility. The stock’s valuation is reasonable, aligning well with industry norms.
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 its expertise and intellectual capital to project manage and integrate all aspects of a project.
Average Trading Volume: 2,002,619
Technical Sentiment Signal: Buy
Current Market Cap: £805.3M
For detailed information about KIE stock, go to TipRanks’ Stock Analysis page.