Kainos Group’s (KNOS) Hold Rating Reiterated at Deutsche Bank

Deutsche Bank reissued their hold rating on shares of Kainos Group (LON:KNOS) in a report published on Tuesday,Digital Look reports. They currently have a GBX 1,260 target price on the stock.

Several other equities analysts have also recently issued reports on KNOS. Berenberg Bank restated a “buy” rating and set a GBX 1,330 price objective on shares of Kainos Group in a research note on Tuesday. Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 1,500 target price on shares of Kainos Group in a research report on Tuesday. Four equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 1,343.

Kainos Group Stock Up 1.2%

Shares of LON KNOS opened at GBX 1,103 on Tuesday. The stock has a fifty day moving average price of GBX 1,235.08 and a 200 day moving average price of GBX 941.08. The company has a market cap of £1.27 billion, a P/E ratio of 31.42, a P/E/G ratio of 2.15 and a beta of 0.87. Kainos Group has a 12-month low of GBX 686 and a 12-month high of GBX 1,360. The company has a current ratio of 1.09, a quick ratio of 1.59 and a debt-to-equity ratio of 6.37.

Kainos Group (LON:KNOS) last announced its earnings results on Monday, November 9th. The company reported GBX 27.70 EPS for the quarter. The business had revenue of £268.80 million for the quarter. Kainos Group had a return on equity of 49.93% and a net margin of 9.74%. Research analysts anticipate that Kainos Group will post 48.10 EPS for the current fiscal year.

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. The Workday Services segment provides consulting, project management, integration, and post deployment services for Workday’s software suite, which includes cloud-based software for human capital management, and financial management, and adaptive planning.