Kainos Group’s (KNOS) Buy Rating Reiterated at Shore Capital
Kainos Group (LON:KNOS)‘s stock had its “buy” rating reaffirmed by Shore Capital in a research note issued to investors on Friday, LSE.Co.UK reports.
Separately, Canaccord Genuity increased their target price on shares of Kainos Group from GBX 590 ($7.71) to GBX 660 ($8.62) and gave the company a “buy” rating in a research note on Tuesday, May 28th.
Shares of KNOS traded up GBX 6 ($0.08) during midday trading on Friday, hitting GBX 441 ($5.76). The stock had a trading volume of 97,874 shares, compared to its average volume of 42,606. Kainos Group has a 1 year low of GBX 349 ($4.56) and a 1 year high of GBX 684 ($8.94). The firm has a market cap of $535.03 million and a PE ratio of 31.73. The stock’s 50 day moving average is GBX 521.90 and its 200 day moving average is GBX 557.64.
Kainos Group plc provides digital technology services and platforms for public and private organizations worldwide. The company operates through two divisions, Digital Services and Digital Platforms. The Digital Services division delivers customized online digital solutions, principally for central, regional, and local government departments and agencies, as well as for commercial sector organizations.
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