Boku (LON:BOKU) Earns “Buy” Rating from Canaccord Genuity Group

Boku (LON:BOKU)‘s stock had its “buy” rating reiterated by analysts at Canaccord Genuity Group in a report issued on Wednesday,London Stock Exchange reports. They presently have a GBX 324 target price on the stock. Canaccord Genuity Group’s price target would indicate a potential upside of 82.58% from the company’s previous close.

Separately, Berenberg Bank reissued a “buy” rating and set a GBX 300 price objective on shares of Boku in a report on Thursday, January 22nd. Four research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Boku currently has a consensus rating of “Buy” and a consensus target price of GBX 314.

Boku Price Performance

BOKU traded up GBX 0.46 during midday trading on Wednesday, reaching GBX 177.46. 1,100,553 shares of the company’s stock were exchanged, compared to its average volume of 935,876. The company has a quick ratio of 1.38, a current ratio of 1.28 and a debt-to-equity ratio of 2.68. The business has a 50-day simple moving average of GBX 203.41 and a two-hundred day simple moving average of GBX 215.39. The firm has a market capitalization of £520.25 million, a price-to-earnings ratio of 35.49 and a beta of -0.11. Boku has a one year low of GBX 144 and a one year high of GBX 250.

Insider Buying and Selling

In related news, insider Jonathan Peter Prideaux sold 250,000 shares of the firm’s stock in a transaction on Tuesday, January 27th. The stock was sold at an average price of GBX 213, for a total transaction of £532,500. In the last 90 days, insiders sold 1,000,000 shares of company stock worth $219,850,000. 5.63% of the stock is owned by corporate insiders.

About Boku