Kainos Group (KNOS) Given New GBX 590 Price Target at Canaccord Genuity

Kainos Group (LON:KNOS) had its price objective increased by Canaccord Genuity from GBX 520 ($6.79) to GBX 590 ($7.71) in a research report issued on Friday. The firm presently has a “buy” rating on the stock. Canaccord Genuity’s price target indicates a potential upside of 17.06% from the company’s current price.

Separately, Shore Capital reiterated a “buy” rating on shares of Kainos Group in a research note on Monday, November 26th.

LON KNOS traded up GBX 7 ($0.09) during trading on Friday, hitting GBX 504 ($6.59). The company had a trading volume of 13,095 shares, compared to its average volume of 42,606. Kainos Group has a one year low of GBX 310 ($4.05) and a one year high of GBX 514 ($6.72). The firm has a market capitalization of $622.62 million and a PE ratio of 47.10.

About Kainos Group

Kainos Group plc provides digital technology services and platforms for public and private organizations worldwide. The company operates through two divisions, Digital Services and Digital Platforms. The Digital Services division delivers customized online digital solutions, principally for central, regional, and local government departments and agencies, as well as for commercial sector organizations.

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