Kainos Group plc (LON:KNOS) Stock Has Average Target Price of GBX 1,231.17

Kainos Group plc (LON:KNOS) has received a consensus recommendation of “Moderate Buy” from the six analysts that are presently covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is GBX 1,231.17.

KNOS has been the topic of a number of research analyst reports. Canaccord Genuity Group boosted their target price on Kainos Group from GBX 1,200 to GBX 1,315 and gave the stock a “buy” rating in a research note on Wednesday, August 19th. Deutsche Bank Aktiengesellschaft lifted their price target on Kainos Group from GBX 920 to GBX 1,260 and gave the stock a “hold” rating in a report on Tuesday, August 18th. Finally, Berenberg Bank boosted their price objective on Kainos Group from GBX 1,185 to GBX 1,330 and gave the stock a “buy” rating in a research report on Wednesday, August 19th.

Kainos Group Trading Down 10.2%

LON:KNOS opened at GBX 1,105 on Monday. The company has a debt-to-equity ratio of 6.11, a quick ratio of 1.59 and a current ratio of 1.17. The firm has a market cap of £1.27 billion, a price-to-earnings ratio of 31.48, a price-to-earnings-growth ratio of 2.15 and a beta of 0.87. Kainos Group has a 52 week low of GBX 686 and a 52 week high of GBX 1,360. The firm has a 50-day moving average price of GBX 1,247.14 and a two-hundred day moving average price of GBX 938.21.

About Kainos Group

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.