Berenberg Bank Reaffirms Buy Rating for Boku (LON:BOKU)

Boku (LON:BOKU)‘s stock had its “buy” rating reiterated by research analysts at Berenberg Bank in a research note issued on Thursday,Digital Look reports. They currently have a GBX 300 price target on the stock. Berenberg Bank’s target price suggests a potential upside of 32.45% from the stock’s previous close.

A number of other research analysts have also weighed in on the company. Peel Hunt reissued a “buy” rating and issued a GBX 308 price objective on shares of Boku in a report on Tuesday, September 30th. Canaccord Genuity Group lifted their price target on Boku from GBX 271 to GBX 324 and gave the company a “buy” rating in a research note on Monday, October 20th. Finally, Jefferies Financial Group upped their price objective on shares of Boku from GBX 275 to GBX 324 and gave the stock a “buy” rating in a research report on Monday, October 20th. Four equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, Boku presently has an average rating of “Buy” and a consensus price target of GBX 314.

Boku Stock Down 0.7%

Boku stock opened at GBX 226.50 on Thursday. Boku has a twelve month low of GBX 144 and a twelve month high of GBX 250. The business has a fifty day moving average of GBX 213.50 and a two-hundred day moving average of GBX 221.65. The firm has a market cap of £672.65 million, a P/E ratio of 45.30 and a beta of -0.11. The company has a quick ratio of 1.38, a current ratio of 1.27 and a debt-to-equity ratio of 2.29.

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