Boku (LON:BOKU) Earns "Buy" Rating from Canaccord Genuity Group

Key Points

• Boku's stock has had its "buy" rating restated by Canaccord Genuity Group with a price target of GBX 271, indicating a potential upside of 20.98%.
• Other analysts including Berenberg Bank and Peel Hunt have also issued "buy" ratings, with target prices of GBX 300 and GBX 308, respectively, showing strong analyst confidence in Boku.
• The company operates a global network of localised payment solutions, providing access to over 7 billion consumer payment accounts worldwide.

Boku (LON:BOKU - Get Free Report)'s stock had its "buy" rating restated by equities research analysts at Canaccord Genuity Group in a report issued on Tuesday,Digital Look reports. They currently have a GBX 271 price target on the stock. Canaccord Genuity Group's price objective points to a potential upside of 20.98% from the company's previous close.

Several other equities research analysts have also commented on BOKU. Berenberg Bank reissued a "buy" rating and issued a GBX 300 price target on shares of Boku in a report on Tuesday. Peel Hunt reaffirmed a "buy" rating and set a GBX 308 target price on shares of Boku in a research note on Tuesday. Three analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company has an average rating of "Buy" and an average target price of GBX 293.

Boku Price Performance

Shares of LON BOKU opened at GBX 224 on Tuesday. The firm has a market cap of £664.67 million, a PE ratio of 22,400.00 and a beta of -0.11. The firm has a fifty day moving average of GBX 222.45 and a 200 day moving average of GBX 192.64. The company has a debt-to-equity ratio of 2.29, a quick ratio of 1.38 and a current ratio of 1.27. Boku has a one year low of GBX 144 and a one year high of GBX 242.50.

Boku Company Profile

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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