Kainos Group (LON:KNOS) Receives "Hold" Rating from Canaccord Genuity Group

Canaccord Genuity Group reiterated their hold rating on shares of Kainos Group (LON:KNOS - Free Report) in a research report report published on Tuesday morning, Marketbeat.com reports. Canaccord Genuity Group currently has a GBX 1,000 ($12.56) price target on the stock.

A number of other brokerages have also recently issued reports on KNOS. Berenberg Bank decreased their target price on Kainos Group from GBX 1,315 ($16.52) to GBX 1,260 ($15.83) and set a buy rating for the company in a research report on Monday, April 15th. Shore Capital reaffirmed a buy rating on shares of Kainos Group in a report on Monday, April 15th. Three research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of Hold and a consensus price target of GBX 1,280 ($16.08).

Kainos Group Stock Up 0.4 %

Shares of KNOS traded up GBX 4 ($0.05) during trading hours on Tuesday, hitting GBX 997 ($12.53). 147,111 shares of the company were exchanged, compared to its average volume of 421,983. The company has a debt-to-equity ratio of 2.95, a quick ratio of 1.59 and a current ratio of 1.55. The company has a market cap of £1.25 billion, a PE ratio of 3,021.21, a PEG ratio of 2.15 and a beta of 0.72. The firm's 50 day moving average is GBX 1,004.52 and its 200-day moving average is GBX 1,042.80. Kainos Group has a 52 week low of GBX 900.50 ($11.31) and a 52 week high of GBX 1,421 ($17.85).

Kainos Group Company Profile

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.