Keller Group Plc (KLR) – Take Profits
KLR was recommended in ByteTree Venture on 28 November 2023 at 809p. A year has passed, and with the price at 1542p, having collected 47.9p in dividends, the stock has returned 97% with an IRR of 93%. It was a fabulous opportunity.
Keller Group
The brokers’ consensus target price is 1,896p, and it may well get there. This is a great company and could be a long-term hold, but Venture lets stocks roll off after a year unless there is compelling near-term value to be captured. It’s time to take profits.
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