Boku (LON:BOKU) Given New GBX 200 Price Target at Berenberg Bank

Boku (LON:BOKU) had its price objective lowered by investment analysts at Berenberg Bank from GBX 300 to GBX 200 in a research report issued to clients and investors on Monday,Digital Look reports. The brokerage currently has a “buy” rating on the stock. Berenberg Bank’s target price indicates a potential upside of 100.60% from the company’s previous close.

BOKU has been the subject of several other reports. Canaccord Genuity Group reduced their target price on Boku from GBX 324 to GBX 263 and set a “buy” rating for the company in a research report on Thursday. Jefferies Financial Group lowered their price target on shares of Boku from GBX 334 to GBX 311 and set a “buy” rating on the stock in a report on Thursday, March 19th. Four research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock presently has an average rating of “Buy” and an average target price of GBX 270.50.

Boku Price Performance

Shares of BOKU stock opened at GBX 99.70 on Monday. Boku has a 12 month low of GBX 90 and a 12 month high of GBX 250. The company has a market capitalization of £291.34 million, a P/E ratio of 24.93 and a beta of 0.10. The stock has a 50 day moving average of GBX 153.37 and a two-hundred day moving average of GBX 179.71. The company has a current ratio of 1.28, a quick ratio of 1.38 and a debt-to-equity ratio of 3.55.

Insider Buying and Selling at Boku

In related news, insider Rob Whittick acquired 65,000 shares of the business’s stock in a transaction on Friday, July 10th. The stock was bought at an average cost of GBX 99 per share, with a total value of £64,350. Also, insider Stuart Paul Neal bought 106,000 shares of Boku stock in a transaction dated Wednesday, July 8th. The stock was purchased at an average price of GBX 95 per share, for a total transaction of £100,700. 5.72% of the stock is owned by insiders.

Boku Company Profile