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Kier Group plc ( (GB:KIE) ) just unveiled an update.
Kier Group plc announced that under its Share Incentive Plan, ordinary shares were acquired and free matching shares were allocated to certain managerial personnel. This transaction, conducted on the London Stock Exchange, reflects the company’s ongoing commitment to aligning managerial interests with shareholder value, potentially impacting its market positioning positively.
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 stock score is bolstered by strong financial performance and positive corporate events, such as leadership transitions and share buybacks. Bullish technical indicators also support a positive outlook. However, a high P/E ratio suggests caution on valuation.
To see Spark’s full report on GB:KIE stock, click here.
More about Kier Group plc
Kier Group plc operates in the construction and infrastructure services industry, providing a range of services including building, civil engineering, and property development. The company focuses on delivering projects across various sectors such as natural resources, nuclear, and networks.
Average Trading Volume: 2,013,200
Technical Sentiment Signal: Hold
Current Market Cap: £885.8M
For an in-depth examination of KIE stock, go to TipRanks’ Overview page.