Canaccord Genuity Group Reiterates “Buy” Rating for Boku (LON:BOKU)

Boku (LON:BOKU)‘s stock had its “buy” rating reiterated by analysts at Canaccord Genuity Group in a research note issued on Wednesday, MarketBeat Ratings reports. They presently have a GBX 324 price objective on the stock. Canaccord Genuity Group’s price target would suggest a potential upside of 90.72% from the company’s previous close.

Separately, Berenberg Bank restated a “buy” rating and issued a GBX 300 price objective on shares of Boku in a research note on Thursday, January 22nd. Four investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company has a consensus rating of “Buy” and an average target price of GBX 310.75.

Boku Trading Down 4.0%

Shares of BOKU stock opened at GBX 169.88 on Wednesday. Boku has a 12 month low of GBX 144 and a 12 month high of GBX 250. The company has a quick ratio of 1.38, a current ratio of 1.28 and a debt-to-equity ratio of 3.55. The business’s 50 day moving average is GBX 201.68 and its two-hundred day moving average is GBX 214.81. The company has a market cap of £498.03 million, a PE ratio of 33.98 and a beta of -0.11.

Insider Buying and Selling

In other news, insider Jonathan Peter Prideaux sold 350,000 shares of the company’s stock in a transaction that occurred on Thursday, January 22nd. The stock was sold at an average price of GBX 227, for a total transaction of £794,500. Over the last quarter, insiders sold 1,000,000 shares of company stock valued at $219,850,000. Insiders own 5.63% of the company’s stock.

Boku Company Profile