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Keller Group plc ( (GB:KLR) ) has provided an update.
Keller Group plc announced the purchase of 3,615 of its ordinary shares as part of its share buyback program. The shares, bought at prices ranging from 1,466 to 1,486 pence, will be held in treasury, increasing the total treasury shares to 1,835,763. This move is part of Keller’s strategic financial management, potentially impacting shareholder value and market perception.
The most recent analyst rating on (GB:KLR) stock is a Buy with a £1493.00 price target. To see the full list of analyst forecasts on Keller Group plc stock, see the GB:KLR Stock Forecast page.
Spark’s Take on GB:KLR Stock
According to Spark, TipRanks’ AI Analyst, GB:KLR is a Outperform.
Keller Group plc’s strong financial performance, characterized by revenue growth and improved profitability, is a significant positive factor. The stock’s low P/E ratio indicates potential undervaluation, enhancing its attractiveness. However, neutral technical indicators suggest a lack of clear momentum, which slightly tempers the overall score.
To see Spark’s full report on GB:KLR stock, click here.
More about Keller Group plc
Keller Group plc is the world’s largest geotechnical specialist contractor, offering a wide range of advanced foundation and ground improvement techniques for the construction sector. With around 10,000 employees and operations spanning five continents, the company undertakes approximately 5,500 projects annually, generating an estimated revenue of £3 billion.
Average Trading Volume: 131,035
Technical Sentiment Signal: Strong Buy
Current Market Cap: £1.02B
See more insights into KLR stock on TipRanks’ Stock Analysis page.