Kooth (LON:KOO) Given “Buy” Rating at Canaccord Genuity Group

Kooth (LON:KOO)‘s stock had its “buy” rating reiterated by stock analysts at Canaccord Genuity Group in a research report issued on Tuesday, Marketbeat reports. They presently have a GBX 490 ($6.66) price objective on the stock. Canaccord Genuity Group’s price target points to a potential upside of 158.58% from the stock’s previous close.

Separately, Berenberg Bank reiterated a “buy” rating and set a GBX 300 ($4.08) price target on shares of Kooth in a report on Tuesday, April 15th.

Kooth Stock Up 1.6%

Shares of KOO stock opened at GBX 189.50 ($2.58) on Tuesday. Kooth has a 12 month low of GBX 120 ($1.63) and a 12 month high of GBX 354 ($4.81). The firm has a market cap of £69.55 million, a PE ratio of 17.80 and a beta of 0.71. The stock has a 50 day moving average of GBX 164.05 and a 200-day moving average of GBX 158.21. The company has a quick ratio of 2.36, a current ratio of 2.19 and a debt-to-equity ratio of 0.13.

Kooth (LON:KOO) last issued its quarterly earnings results on Tuesday, April 15th. The company reported GBX 22 ($0.30) EPS for the quarter. Kooth had a return on equity of 18.59% and a net margin of 7.89%. On average, equities analysts predict that Kooth will post 12.9798903 EPS for the current year.

About Kooth

At Kooth, our sole purpose is to create easy-to-access online mental health services that work alongside you to provide compassionate and effective support.