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

Key Points

• Berenberg Bank has reaffirmed its "Buy" rating for Boku (LON:BOKU) with a target price of GBX 300, suggesting a potential upside of 21.03% from the current price.
• Other analysts, including Peel Hunt and Jefferies Financial Group, also maintain Buy ratings for Boku, with target prices ranging from GBX 308 to GBX 324.
• Boku's shares traded at GBX 247.88 recently, with a market capitalization of £735.53 million, and a 52-week high of GBX 250.

Boku (LON:BOKU - Get Free Report)'s stock had its "buy" rating reaffirmed by investment analysts at Berenberg Bank in a research note issued on Monday,London Stock Exchange reports. They presently have a GBX 300 target price on the stock. Berenberg Bank's price target would suggest a potential upside of 21.03% from the stock's current price.

Several other analysts have also issued reports on the company. Peel Hunt reissued a "buy" rating and set a GBX 308 target price on shares of Boku in a report on Tuesday, September 30th. Jefferies Financial Group raised their price objective on Boku from GBX 275 to GBX 324 and gave the company a "buy" rating in a research note on Monday. Finally, Canaccord Genuity Group raised their price objective on Boku from GBX 271 to GBX 324 and gave the company a "buy" rating in a research note on Monday. Four analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Boku has a consensus rating of "Buy" and a consensus target price of GBX 314.

Boku Price Performance

Shares of BOKU traded up GBX 5.88 during trading hours on Monday, hitting GBX 247.88. 474,810 shares of the company were exchanged, compared to its average volume of 829,066. The company has a market cap of £735.53 million, a price-to-earnings ratio of 49.58 and a beta of -0.11. Boku has a fifty-two week low of GBX 144 and a fifty-two week high of GBX 250. The company has a quick ratio of 1.38, a current ratio of 1.27 and a debt-to-equity ratio of 2.29. The firm's fifty day moving average is GBX 225.97 and its 200 day moving average is GBX 200.01.

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.

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