Kier Group plc (LON:KIE – Get Free Report) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 129.67 ($1.64) and traded as high as GBX 137.60 ($1.75). Kier Group shares last traded at GBX 133.20 ($1.69), with a volume of 1,898,837 shares traded.
Wall Street Analyst Weigh In
Separately, Berenberg Bank reissued a “buy” rating and set a GBX 210 ($2.66) price objective on shares of Kier Group in a research report on Wednesday, May 15th.
View Our Latest Stock Report on KIE
Kier Group Trading Down 3.4 %
Insider Activity at Kier Group
In other Kier Group news, insider Matthew Lester bought 7,340 shares of the firm’s stock in a transaction on Friday, June 28th. The stock was bought at an average cost of GBX 136 ($1.73) per share, with a total value of £9,982.40 ($12,663.20). Insiders own 5.81% of the company’s stock.
About Kier Group
Kier Group plc primarily engages in the construction business in the United Kingdom and internationally. The company operates through three segments: Construction, Infrastructure Services, and Property. It constructs power stations, roads, bridges, railways, tunnels, and buildings for public and private sectors including schools, hospitals and prisons; and provides maintenance services for the UK road, rail, and utilities infrastructure, as well as reactive repairs.
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