Boku (LON:BOKU) Receives Buy Rating from Canaccord Genuity Group

Boku (LON:BOKU)‘s stock had its “buy” rating reissued by Canaccord Genuity Group in a research note issued on Wednesday,London Stock Exchange reports. They presently have a GBX 324 target price on the stock. Canaccord Genuity Group’s price objective suggests a potential upside of 82.58% from the company’s current price.

Separately, Berenberg Bank restated a “buy” rating and issued a GBX 300 price objective on shares of Boku in a research report on Thursday, January 22nd. Four equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock presently has an average rating of “Buy” and an average price target of GBX 314.

Boku Price Performance

Shares of LON BOKU traded up GBX 0.46 during trading on Wednesday, reaching GBX 177.46. The company had a trading volume of 1,100,553 shares, compared to its average volume of 935,876. Boku has a 52 week low of GBX 144 and a 52 week high of GBX 250. The business’s 50 day moving average price is GBX 203.41 and its 200-day moving average price is GBX 215.39. The stock has a market cap of £520.25 million, a PE ratio of 35.49 and a beta of -0.11. The company has a debt-to-equity ratio of 2.68, a quick ratio of 1.38 and a current ratio of 1.28.

Insider Buying and Selling at Boku

In other news, insider Jonathan Peter Prideaux sold 350,000 shares of the firm’s stock in a transaction on Thursday, January 22nd. The stock was sold at an average price of GBX 227, for a total value of £794,500. Over the last 90 days, insiders sold 1,000,000 shares of company stock valued at $219,850,000. Corporate insiders own 5.63% of the company’s stock.

Boku Company Profile