Berenberg Bank Reiterates "Buy" Rating for Boku (LON:BOKU)

Key Points

• Berenberg Bank has reiterated its "Buy" rating for Boku (LON:BOKU) with a price target of GBX 300, indicating a potential upside of 33.93% from the stock's previous close.
• Canaccord Genuity Group also restated a "buy" rating for Boku, setting a price target of GBX 271, with three analysts currently rating the stock as a "Buy".
• Boku's current stock price opened at GBX 224, with a market cap of £664.67 million and a recent trading range between a 1-year low of GBX 144 and a high of GBX 242.50.

Boku (LON:BOKU - Get Free Report)'s stock had its "buy" rating reissued by Berenberg Bank in a report issued on Tuesday,Digital Look reports. They presently have a GBX 300 price target on the stock. Berenberg Bank's price objective points to a potential upside of 33.93% from the stock's previous close.

Separately, Canaccord Genuity Group restated a "buy" rating and set a GBX 271 price target on shares of Boku in a report on Thursday, July 24th. Three equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, Boku has an average rating of "Buy" and a consensus price target of GBX 293.

Boku Price Performance

Shares of LON BOKU opened at GBX 224 on Tuesday. The stock's 50-day moving average is GBX 222.45 and its two-hundred day moving average is GBX 192.64. The company has a debt-to-equity ratio of 2.29, a current ratio of 1.27 and a quick ratio of 1.38. Boku has a 1-year low of GBX 144 and a 1-year high of GBX 242.50. The company has a market cap of £664.67 million, a price-to-earnings ratio of 22,400.00 and a beta of -0.11.

About Boku

Boku Inc AIM: BOKU is a global network of localised payment solutions. Through a single integration, Boku provides access to a comprehensive network of digital wallets, direct carrier billing, and account-to-account (A2A) real-time payment schemes - reaching over 7 billion consumer payment accounts worldwide.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.