Keller Group (LON:KLR) Stock Crosses Above Two Hundred Day Moving Average – What’s Next?

Keller Group plc (LON:KLR)’s stock price crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 1,601.77 and traded as high as GBX 1,987.65. Keller Group shares last traded at GBX 1,987.65, with a volume of 8,020 shares changing hands.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on the stock. Peel Hunt reaffirmed a “buy” rating and issued a GBX 2,250 price target on shares of Keller Group in a research note on Thursday, November 13th. Berenberg Bank restated a “buy” rating and issued a GBX 1,900 target price on shares of Keller Group in a research note on Thursday, November 13th. Three equities research analysts have rated the stock with a Buy rating, According to MarketBeat, the company presently has a consensus rating of “Buy” and an average price target of GBX 1,936.67.

Keller Group Price Performance

The company’s 50-day simple moving average is GBX 1,822.53 and its 200 day simple moving average is GBX 1,612.19. The company has a quick ratio of 1.17, a current ratio of 1.45 and a debt-to-equity ratio of 53.90. The stock has a market capitalization of £1.53 billion, a price-to-earnings ratio of 11.63, a P/E/G ratio of 2.86 and a beta of 1.01.

Keller Group (LON:KLR) last released its quarterly earnings results on Tuesday, March 3rd. The company reported GBX 215.20 earnings per share (EPS) for the quarter. Keller Group had a return on equity of 23.82% and a net margin of 4.71%. Equities research analysts forecast that Keller Group plc will post 192.5925926 EPS for the current year.

Keller Group Company Profile

Keller Group plc provides specialist geotechnical services in North America, Europe, the Asia-Pacific, the Middle East, and Africa. The company offers ground improvement services, grouting, deep foundations, earth retention, marine, and instrumentation and monitoring services, as well as post-tension systems and industrial services. It also provides solutions, such as bearing capacity improvement, low carbon construction, containment, excavation support, stabilisation, marine structures, seepage control, slope stabilization, and monitoring.