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The latest announcement is out from Keller Group plc ( (GB:KLR) ).
Keller Group plc has announced the purchase of 8,590 of its ordinary shares as part of its ongoing share buyback program. The shares were acquired at prices ranging from 1,502 to 1,514 pence and will be held in treasury, increasing the total treasury shares to 2,060,537. This move is part of Keller’s strategy to manage its capital structure and potentially enhance shareholder value.
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
Average Trading Volume: 125,441
Technical Sentiment Signal: Strong Buy
Current Market Cap: £1.05B
Find detailed analytics on KLR stock on TipRanks’ Stock Analysis page.