Kainos Group (LON:KNOS - Get Free Report) had its target price dropped by stock analysts at Berenberg Bank from GBX 1,315 ($16.37) to GBX 1,260 ($15.69) in a research note issued on Monday, MarketBeat.com reports. The firm presently has a "buy" rating on the stock. Berenberg Bank's target price would indicate a potential upside of 27.66% from the company's current price.
A number of other research analysts have also commented on KNOS. Canaccord Genuity Group reissued a "buy" rating and set a GBX 1,000 ($12.45) price objective on shares of Kainos Group in a report on Monday. Shore Capital reaffirmed a "buy" rating on shares of Kainos Group in a report on Monday. Two equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of GBX 1,280 ($15.93).
Read Our Latest Stock Analysis on KNOS
Kainos Group Stock Down 2.7 %
Shares of KNOS traded down GBX 27 ($0.34) during midday trading on Monday, reaching GBX 987 ($12.29). 472,230 shares of the stock were exchanged, compared to its average volume of 454,130. Kainos Group has a 12-month low of GBX 900.50 ($11.21) and a 12-month high of GBX 1,421 ($17.69). The firm has a 50 day simple moving average of GBX 1,046.46 and a 200-day simple moving average of GBX 1,058.90. The company has a quick ratio of 1.59, a current ratio of 1.55 and a debt-to-equity ratio of 2.95. The company has a market cap of £1.24 billion, a price-to-earnings ratio of 2,990.91, a P/E/G ratio of 2.15 and a beta of 0.73.
Kainos Group Company Profile
(
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Kainos Group plc provides 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 public sector, commercial, and healthcare customers.
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