Peel Hunt Reaffirms Buy Rating for Boku (LON:BOKU)

Key Points

• Peel Hunt has reaffirmed a strong "buy" rating for Boku (LON:BOKU), setting a target price of GBX 308, suggesting a potential upside of 37.5% from its previous close.
• Berenberg Bank and Canaccord Genuity Group also maintained "buy" ratings for Boku, with target prices of GBX 300 and GBX 271, respectively, contributing to an average buy rating and consensus target of GBX 293.
• Boku's stock opened at GBX 224 and has seen fluctuations, with a market cap of £664.67 million and significant debt-to-equity ratio of 2.29.

Boku (LON:BOKU - Get Free Report)'s stock had its "buy" rating reaffirmed by analysts at Peel Hunt in a note issued to investors on Tuesday,Digital Look reports. They currently have a GBX 308 target price on the stock. Peel Hunt's price target indicates a potential upside of 37.50% from the stock's previous close.

A number of other equities research analysts have also recently issued reports on the stock. Berenberg Bank reaffirmed a "buy" rating and issued a GBX 300 target price on shares of Boku in a report on Tuesday. Canaccord Genuity Group reaffirmed a "buy" rating and issued a GBX 271 target price on shares of Boku in a report on Thursday, July 24th. Three equities research analysts have rated the stock with a Buy rating, According to MarketBeat, Boku has an average rating of "Buy" and a consensus target price of GBX 293.

Boku Stock Down 1.8%

Shares of BOKU stock opened at GBX 224 on Tuesday. The company has a debt-to-equity ratio of 2.29, a quick ratio of 1.38 and a current ratio of 1.27. The firm's 50-day moving average is GBX 222.45 and its 200-day moving average is GBX 192.64. The stock has a market cap of £664.67 million, a price-to-earnings ratio of 22,400.00 and a beta of -0.11. Boku has a 52-week low of GBX 144 and a 52-week high of GBX 242.50.

Boku Company Profile

Boku Inc AIM: BOKU is a global network of localised payment solutions. Through a single integration, Boku provides access to a comprehensive network of digital wallets, direct carrier billing, and account-to-account (A2A) real-time payment schemes - reaching over 7 billion consumer payment accounts worldwide.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.