Boku (LON:BOKU) Given New GBX 324 Price Target at Canaccord Genuity Group

Key Points

• Canaccord Genuity Group has increased its price target for Boku (LON:BOKU) from GBX 271 to GBX 324, maintaining a "buy" rating, indicating a potential upside of 31.98% from the recent closing price.
• Berenberg Bank and Peel Hunt also reiterated "buy" ratings, setting price targets at GBX 300 and GBX 308, respectively, reflecting a positive consensus on Boku's stock.
• Boku's stock is currently trading at GBX 245.50, with a market capitalization of £728.47 million and a PE ratio of 49.10.

Boku (LON:BOKU - Get Free Report) had its price target increased by equities research analysts at Canaccord Genuity Group from GBX 271 to GBX 324 in a report released on Monday,Digital Look reports. The firm currently has a "buy" rating on the stock. Canaccord Genuity Group's price objective suggests a potential upside of 31.98% from the stock's previous close.

A number of other equities research analysts also recently issued reports on the stock. Berenberg Bank reiterated a "buy" rating and set a GBX 300 price objective on shares of Boku in a research note on Tuesday, September 30th. Peel Hunt reiterated a "buy" rating and set a GBX 308 price objective on shares of Boku in a research note on Tuesday, September 30th. Finally, Jefferies Financial Group increased their price objective on shares of Boku from GBX 275 to GBX 324 and gave the stock a "buy" rating in a research note on Monday. Four analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company presently has a consensus rating of "Buy" and an average target price of GBX 314.

Boku Trading Up 1.4%

BOKU stock opened at GBX 245.50 on Monday. The company has a debt-to-equity ratio of 2.29, a quick ratio of 1.38 and a current ratio of 1.27. The company's 50-day simple moving average is GBX 225.97 and its 200 day simple moving average is GBX 200.01. Boku has a 52 week low of GBX 144 and a 52 week high of GBX 250. The company has a market capitalization of £728.47 million, a PE ratio of 49.10 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.

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