Keller Group PLCAnalyst upgrades and higher fair value estimate driven by improved earnings expectations and price target increases.

Keller Group's fair value estimate has risen from £25.28 to £30.76 per share following higher analyst earnings expectations. RBC Capital upgraded the stock to Outperform with a £31.00 price target, raising adjusted EPS estimates for FY26 to FY28 by 8.6%, 7.2% and 5.8% respectively, citing stronger North American trading. Deutsche Bank lifted its target to £31.50 from £24.00 but maintained a Hold rating, suggesting the improved outlook is largely priced in. The revised fair value reflects an assumed long-term revenue growth rate of 4.51%, up from 2.72%, a projected net profit margin of 4.91%, up from 4.78%, and a future P/E multiple of 15.45x, up from 13.83x, with a discount rate of 9.66%, down from 9.87%.
Keller Group PLCAnalyst upgrades and higher fair value estimate driven by improved earnings expectations and price target increases.