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Kier Group plc ( (GB:KIE) ) has provided an announcement.
Kier Group plc announced the release of shares held in trust as part of its bonus arrangements for the financial year ending June 2022, benefiting several key executives, including the retiring Chief Executive Andrew Davies. Additionally, Stuart Togwell, the newly appointed Chief Executive, received share awards under the company’s Long-Term Incentive Plan, reflecting his new role and aligning his interests with the company’s performance over the next three years.
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 operates in the construction and infrastructure services industry, providing a range of services including building, civil engineering, and infrastructure maintenance. The company focuses on delivering projects across various sectors such as education, health, and transportation, primarily within the UK market.
Average Trading Volume: 1,452,389
Technical Sentiment Signal: Buy
Current Market Cap: £911.1M
Find detailed analytics on KIE stock on TipRanks’ Stock Analysis page.