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Keller Group plc ( (GB:KLR) ) has provided an update.
Keller Group plc has announced the purchase of 22,820 of its ordinary shares as part of its ongoing share buyback program. This move, executed through Investec Bank plc, is intended to hold the purchased shares in treasury, potentially enhancing shareholder value and indicating confidence in the company’s financial stability.
The most recent analyst rating on (GB:KLR) stock is a Hold with a £1540.00 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 operates in the engineering and construction industry, specializing in geotechnical solutions. The company provides services such as ground improvement, foundation installation, and earth retention systems, focusing on infrastructure and building projects globally.
Average Trading Volume: 124,828
Technical Sentiment Signal: Strong Buy
Current Market Cap: £1.07B
For a thorough assessment of KLR stock, go to TipRanks’ Stock Analysis page.