Kainos Group’s (KNOS) Buy Rating Reiterated at Canaccord Genuity Group

Kainos Group (LON:KNOS)‘s stock had its “buy” rating reiterated by Canaccord Genuity Group in a research note issued on Wednesday,Digital Look reports. They currently have a GBX 1,150 price target on the stock. Canaccord Genuity Group’s price target suggests a potential upside of 53.13% from the company’s current price.

Several other equities research analysts have also recently weighed in on the company. Shore Capital Group reiterated a “buy” rating and issued a GBX 1,100 price objective on shares of Kainos Group in a report on Tuesday, November 11th. Berenberg Bank raised their target price on shares of Kainos Group from GBX 1,025 to GBX 1,185 and gave the stock a “buy” rating in a research report on Tuesday, November 11th. Finally, Peel Hunt restated an “add” rating and set a GBX 1,100 price target on shares of Kainos Group in a research report on Monday, November 10th. Four equities research analysts have rated the stock with a Buy rating, According to MarketBeat, the company presently has an average rating of “Buy” and an average target price of GBX 1,133.75.

Kainos Group Trading Up 2.2%

Shares of Kainos Group stock traded up GBX 16 during trading on Wednesday, reaching GBX 751. 280,010 shares of the stock were exchanged, compared to its average volume of 1,255,251. The company has a quick ratio of 1.59, a current ratio of 1.23 and a debt-to-equity ratio of 5.05. The stock’s fifty day moving average is GBX 879.26 and its 200 day moving average is GBX 915.66. The firm has a market cap of £888.45 million, a price-to-earnings ratio of 30.28, a price-to-earnings-growth ratio of 2.15 and a beta of 0.79. Kainos Group has a 1 year low of GBX 580 and a 1 year high of GBX 1,190.

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. The Workday Services segment provides consulting, project management, integration, and post deployment services for Workday’s software suite, which includes cloud-based software for human capital management, and financial management, and adaptive planning.