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Kier Group CFO Acquires Shares, Signaling Confidence

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Kier Group CFO Acquires Shares, Signaling Confidence

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Kier Group plc ( (GB:KIE) ) has provided an announcement.

Kier Group plc announced that Simon Kesterton, the Chief Financial Officer, acquired 4,909 ordinary shares at £0.55 each through the Kier Group plc Sharesave Scheme. This transaction reflects a managerial investment in the company, potentially signaling confidence in its future performance and aligning management interests with those of shareholders.

The most recent analyst rating on (GB:KIE) stock is a Buy with a £245.00 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 earnings call and financial performance are the primary drivers of its stock score. Positive technical indicators and reasonable valuation further support the score, despite concerns over high leverage.

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 infrastructure maintenance. The company focuses on delivering projects across various sectors such as education, health, and transportation.

Average Trading Volume: 1,638,732

Technical Sentiment Signal: Buy

Current Market Cap: £900.6M

For a thorough assessment of KIE stock, go to TipRanks’ Stock Analysis page.

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