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BUZZ-Keller: shaky ground

Thu, 31st Jul 2014 11:42

** Keller shares the second most actively traded onthe FTSE 250 as news of a GBP30 million charge relatedto a 2008 dispute knocks the price down 1.8%.

** Keller specializes in flooring and foundations & builtthe foundation for London's Olympic stadium.

** Nearly 13 times the average daily volume changes hands onThursday pointing to some investors throwing in the towel.

** Keller has remained a well-liked stock by analysts withall 7 analysts covering it rating it a "buy", according toStarMine. http://link.reuters.com/qar52w

** Earnings estimates are being cut with the mean forward12-month EPS down 2.6% over the past month.

** Stock is at a 1-yr low and is finding some support at itsJune 2013 trough. A break below & a turn in analyst sentimentwould deepen the cracks. (RM: vikram.subhedar.thomsonreuters.com@reuters.net)

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