Kainos Group (LON:KNOS) Receives “Buy” Rating from Canaccord Genuity Group

Canaccord Genuity Group reaffirmed their buy rating on shares of Kainos Group (LON:KNOS) in a research note issued to investors on Monday morning, Marketbeat Ratings reports. Canaccord Genuity Group currently has a GBX 1,000 ($12.45) target price on the stock.

Separately, Shore Capital reiterated a buy rating on shares of Kainos Group in a research note on Friday, March 22nd. Two research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat, Kainos Group has a consensus rating of Moderate Buy and a consensus price target of GBX 1,280 ($15.93).

Kainos Group Price Performance

KNOS opened at GBX 924 ($11.50) on Monday. The company has a market capitalization of £1.16 billion, a price-to-earnings ratio of 2,800.00, a PEG ratio of 2.15 and a beta of 0.73. The company has a quick ratio of 1.59, a current ratio of 1.55 and a debt-to-equity ratio of 2.95. The firm has a 50-day moving average price of GBX 1,042.55 and a 200-day moving average price of GBX 1,058.31. Kainos Group has a twelve month low of GBX 900.50 ($11.21) and a twelve month high of GBX 1,421 ($17.69).

Kainos Group Company Profile

Kainos Group plc provides 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 public sector, commercial, and healthcare customers.