UK's Keller hits record high on forecast boost
07/07/2026 11:27
BUZZ-UK's Keller hits record high on forecast boost Updates
** Shares of Keller Group KLR.L rise as much as 23% to a record 3,300p
** The engineering contractor expects FY revenue and underlying operating profit to be materially ahead of current market consensus, helped by strong trading in its largest North America division
** Brokerage Berenberg raises PT on stock to 3150p from 2550p
** "While the update did not disclose specific divisional financial or balance sheet figures, the overall narrative is one of clear positive momentum at present" - Berenberg
** YTD, KLR up 83%
(Reporting by Nithyashree R B and Tuhina in Bengaluru)