Kainos Group (LON:KNOS) Given Buy Rating at Canaccord Genuity Group

Kainos Group (LON:KNOS - Get Free Report)'s stock had its "buy" rating reissued by research analysts at Canaccord Genuity Group in a research note issued to investors on Tuesday,Digital Look reports. They currently have a GBX 1,000 ($13.61) target price on the stock. Canaccord Genuity Group's target price would suggest a potential upside of 35.41% from the stock's current price.

A number of other brokerages have also recently weighed in on KNOS. Shore Capital reaffirmed a "buy" rating on shares of Kainos Group in a research note on Monday, May 19th. Berenberg Bank reaffirmed a "buy" rating and issued a GBX 1,025 ($13.95) price objective on shares of Kainos Group in a research note on Monday, April 14th.

Kainos Group Price Performance

KNOS stock opened at GBX 738.50 ($10.05) on Tuesday. The business has a fifty day moving average of GBX 746.96 and a two-hundred day moving average of GBX 739.60. The company has a quick ratio of 1.59, a current ratio of 1.81 and a debt-to-equity ratio of 3.76. The stock has a market cap of £932.81 million, a price-to-earnings ratio of 19.35, a price-to-earnings-growth ratio of 2.15 and a beta of 0.79. Kainos Group has a 52-week low of GBX 580 ($7.89) and a 52-week high of GBX 1,142 ($15.54).

Kainos Group (LON:KNOS - Get Free Report) last posted its earnings results on Monday, May 19th. The company reported GBX 38.60 ($0.53) earnings per share (EPS) for the quarter. Kainos Group had a return on equity of 33.12% and a net margin of 12.74%. As a group, research analysts anticipate that Kainos Group will post 48.0997625 earnings per share for the current year.

Kainos Group Company Profile

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.

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