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An update from Kier Group plc ( (GB:KIE) ) is now available.
Kier Group plc has announced the purchase of 55,765 of its own ordinary shares as part of its ongoing buyback program, initiated in January 2025. The shares were bought at prices ranging from 213.50 GBp to 216.50 GBp, with the company intending to hold these shares in treasury. This transaction brings the total number of shares purchased under the program to 7,851,263, reflecting Kier’s strategic efforts to manage its capital structure and potentially enhance shareholder value.
The most recent analyst rating on (GB:KIE) stock is a Buy with a £258.00 price target. To see the full list of analyst forecasts on Kier Group plc stock, see the GB:KIE Stock Forecast page.
Spark’s Take on GB:KIE Stock
According to Spark, TipRanks’ AI Analyst, GB:KIE is a Outperform.
Kier Group plc’s strong technical momentum and positive earnings call are the most significant factors driving the score. Financial performance is solid, though high leverage remains a concern. Valuation is fair, with a reasonable P/E ratio and attractive dividend yield.
To see Spark’s full report on GB:KIE stock, click here.
More about Kier Group plc
Kier Group plc is a leading UK infrastructure services, construction, and property group, offering specialist design and build capabilities. The company leverages the knowledge, skills, and intellectual capital of its workforce to effectively project manage and integrate all aspects of a project.
Average Trading Volume: 1,448,345
Technical Sentiment Signal: Buy
Current Market Cap: £915.3M
Find detailed analytics on KIE stock on TipRanks’ Stock Analysis page.