Kainos Group (LON:KNOS) Receives “Buy” Rating from Berenberg Bank

Berenberg Bank reissued their buy rating on shares of Kainos Group (LON:KNOS) in a research report report published on Monday,Digital Look reports. They currently have a GBX 1,025 ($13.52) price target on the stock.

A number of other equities research analysts have also recently weighed in on the company. Shore Capital reiterated a “buy” rating on shares of Kainos Group in a report on Friday, February 7th. Canaccord Genuity Group restated a “speculative buy” rating and issued a GBX 1,000 ($13.19) target price on shares of Kainos Group in a report on Friday, March 14th. One research analyst has rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of GBX 1,052.50 ($13.88).

Kainos Group Price Performance

LON KNOS traded up GBX 22 ($0.29) during trading hours on Monday, hitting GBX 698.50 ($9.21). 480,542 shares of the company’s stock traded hands, compared to its average volume of 381,390. Kainos Group has a 52-week low of GBX 580 ($7.65) and a 52-week high of GBX 1,288 ($16.98). The company has a market capitalization of £882.28 million, a PE ratio of 18.30, a PEG ratio of 2.15 and a beta of 0.79. The firm’s 50-day moving average is GBX 709.32 and its 200-day moving average is GBX 774.76. The company has a debt-to-equity ratio of 3.76, a current ratio of 1.81 and a quick ratio of 1.59.

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.