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Keller Group plc ( (GB:KLR) ) has issued an update.
Keller Group plc has announced a share buyback, purchasing 20,337 of its ordinary shares at prices ranging from 1,490 to 1,508 pence per share. This move is part of a previously announced buyback program and will see the shares held in treasury, bringing the total treasury shares to 1,882,160. The buyback is likely aimed at consolidating shareholder value and optimizing the company’s capital structure.
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
Average Trading Volume: 131,528
Technical Sentiment Signal: Strong Buy
Current Market Cap: £1.05B
Find detailed analytics on KLR stock on TipRanks’ Stock Analysis page.