Kainos Group (LON:KNOS) Given “Hold” Rating at Canaccord Genuity Group

Canaccord Genuity Group reiterated their hold rating on shares of Kainos Group (LON:KNOS) in a research note released on Tuesday morning, Marketbeat Ratings reports. Canaccord Genuity Group currently has a GBX 1,000 ($12.56) price objective on the stock.

A number of other brokerages have also recently weighed in on KNOS. Berenberg Bank dropped their price objective on shares of Kainos Group from GBX 1,315 ($16.52) to GBX 1,260 ($15.83) and set a buy rating for the company in a report on Monday, April 15th. Shore Capital restated a buy rating on shares of Kainos Group in a report on Monday, April 15th. Three equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of Hold and a consensus target price of GBX 1,280 ($16.08).

Kainos Group Trading Down 0.3 %

Shares of KNOS stock opened at GBX 994 ($12.49) on Tuesday. The company has a debt-to-equity ratio of 2.95, a quick ratio of 1.59 and a current ratio of 1.55. The stock has a market capitalization of £1.25 billion, a P/E ratio of 3,021.21, a price-to-earnings-growth ratio of 2.15 and a beta of 0.72. The company has a 50 day moving average price of GBX 1,002.46 and a 200 day moving average price of GBX 1,042.04. Kainos Group has a fifty-two week low of GBX 900.50 ($11.31) and a fifty-two week high of GBX 1,421 ($17.85).

About Kainos Group

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.