Kainos Group's (KNOS) "Buy" Rating Reiterated at Shore Capital

Key Points

• Kainos Group has received a "buy" rating from Shore Capital, with a price objective of GBX 1,100, indicating a potential upside of 26.29% from its current price.
• The stock recently traded down by 1.4%, closing at GBX 871, with notable trading volume of over 3.5 million shares.
• Kainos Group has a consensus rating of "Buy" among analysts, with an average price target of GBX 1,041.67.

Shore Capital reiterated their buy rating on shares of Kainos Group (LON:KNOS - Free Report) in a research report report published on Friday morning, Marketbeat Ratings reports. The brokerage currently has a GBX 1,100 price objective on the stock.

A number of other research firms have also recently issued reports on KNOS. Canaccord Genuity Group reissued a "speculative buy" rating and issued a GBX 1,000 price target on shares of Kainos Group in a research note on Monday, September 1st. Berenberg Bank reissued a "buy" rating and set a GBX 1,025 price target on shares of Kainos Group in a research report on Monday, September 1st. Three analysts have rated the stock with a Buy rating, According to MarketBeat, Kainos Group has an average rating of "Buy" and an average price target of GBX 1,041.67.

Kainos Group Stock Up 1.1%

Kainos Group stock traded up GBX 9.55 during midday trading on Friday, hitting GBX 878.55. 342,762 shares of the company's stock were exchanged, compared to its average volume of 429,921. Kainos Group has a 12 month low of GBX 580 and a 12 month high of GBX 929. The company has a market cap of £1.05 billion, a PE ratio of 3,115.41, a P/E/G ratio of 2.15 and a beta of 0.79. The company has a debt-to-equity ratio of 3.76, a quick ratio of 1.59 and a current ratio of 1.81. The firm has a 50-day moving average of GBX 765.47 and a two-hundred day moving average of GBX 735.24.

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.