Kainos Group (LON:KNOS) PT Lowered to GBX 1,260

Kainos Group (LON:KNOS) had its price objective decreased by research analysts at Berenberg Bank from GBX 1,315 ($16.37) to GBX 1,260 ($15.69) in a report released on Monday, Marketbeat.com reports. The firm presently has a “buy” rating on the stock. Berenberg Bank’s target price indicates a potential upside of 27.66% from the stock’s previous close.

A number of other research analysts have also commented on the stock. Shore Capital reiterated a “buy” rating on shares of Kainos Group in a research note on Monday. Canaccord Genuity Group restated a “buy” rating and set a GBX 1,000 ($12.45) target price on shares of Kainos Group in a research report on Monday. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of GBX 1,280 ($15.93).

Kainos Group Trading Down 2.7 %

Shares of LON:KNOS opened at GBX 987 ($12.29) on Monday. The company’s 50-day moving average price is GBX 1,046.46 and its two-hundred day moving average price is GBX 1,058.90. The company has a debt-to-equity ratio of 2.95, a current ratio of 1.55 and a quick ratio of 1.59. Kainos Group has a one year low of GBX 900.50 ($11.21) and a one year high of GBX 1,421 ($17.69). The stock has a market capitalization of £1.24 billion, a PE ratio of 2,990.91, a price-to-earnings-growth ratio of 2.15 and a beta of 0.73.

Kainos Group Company Profile

Kainos Group plc provides digital technology services in the United Kingdom, Ireland, North America, Central Europe, and internationally. It operates through three segments: Digital Services, Workday Services, and Workday Products. The Digital Services segment develops and supports custom digital service platforms for public sector, commercial, and healthcare customers.