Kainos Group plc (KNOS.L) - What Are Researchers Thinking About This Stock?

Key Points

• Analyst consensus is “Moderate Buy”: five of six firms rate Kainos Group a buy, while one recommends holding the stock. The average 12-month price target is GBX 1,231.17.
• Canaccord Genuity and Berenberg raised their targets to GBX 1,315 and GBX 1,330, respectively, while Deutsche Bank increased its target to GBX 1,260 but maintained a hold rating.
• Kainos opened at GBX 1,282, near its GBX 1,360 52-week high, with a £1.48 billion market capitalization and a relatively high PE ratio of 36.52.

Shares of Kainos Group plc (LON:KNOS - Get Free Report) have earned an average recommendation of "Moderate Buy" from the six research firms that are presently covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a hold rating and five have given a buy rating to the company. The average 1 year price target among brokerages that have covered the stock in the last year is GBX 1,231.17.

KNOS has been the topic of a number of analyst reports. Canaccord Genuity Group increased their target price on Kainos Group from GBX 1,200 to GBX 1,315 and gave the company a "buy" rating in a report on Wednesday, August 19th. Berenberg Bank upped their price objective on Kainos Group from GBX 1,185 to GBX 1,330 and gave the company a "buy" rating in a research note on Wednesday, August 19th. Finally, Deutsche Bank Aktiengesellschaft lifted their target price on shares of Kainos Group from GBX 920 to GBX 1,260 and gave the company a "hold" rating in a research report on Tuesday, August 18th.

Kainos Group Stock Performance

LON:KNOS opened at GBX 1,282 on Monday. The firm has a market capitalization of £1.48 billion, a PE ratio of 36.52, a PEG ratio of 2.15 and a beta of 0.87. The stock's fifty day moving average is GBX 1,245.17 and its 200 day moving average is GBX 931.53. The company has a debt-to-equity ratio of 6.11, a quick ratio of 1.59 and a current ratio of 1.17. Kainos Group has a fifty-two week low of GBX 686 and a fifty-two week high of GBX 1,360.

About Kainos Group

Kainos Group plc engages in the provision of digital technology services in the United Kingdom, Ireland, North America, Central Europe, and internationally. It operates through three segments: Digital Services, Workday Services, and Workday Products. The Digital Services segment develops and supports custom digital service platforms for transforming service delivery in public, commercial, and healthcare sectors. The Workday Services segment provides consulting, project management, integration, and post deployment services for Workday's software suite, which includes cloud-based software for human capital management, and financial management, and adaptive planning.

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