Canaccord Genuity Group Reiterates Hold Rating for Kainos Group (LON:KNOS)

Kainos Group (LON:KNOS)‘s stock had its “hold” rating restated by stock analysts at Canaccord Genuity Group in a research note issued on Tuesday, MarketBeat reports. They presently have a GBX 1,000 ($12.56) price objective on the stock. Canaccord Genuity Group’s price objective points to a potential upside of 0.81% from the stock’s previous close.

A number of other equities analysts also recently commented on KNOS. Shore Capital reissued a “buy” rating on shares of Kainos Group in a research note on Monday, April 15th. Berenberg Bank reduced their price objective on shares of Kainos Group from GBX 1,315 ($16.52) to GBX 1,260 ($15.83) and set a “buy” rating for the company in a research note on Monday, April 15th. Three analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat, Kainos Group currently has an average rating of “Hold” and an average price target of GBX 1,280 ($16.08).

Kainos Group Stock Performance

Kainos Group stock opened at GBX 992 ($12.46) on Tuesday. The company has a 50 day moving average price of GBX 1,000.02 and a 200-day moving average price of GBX 1,041.69. The company has a debt-to-equity ratio of 2.95, a quick ratio of 1.59 and a current ratio of 1.55. Kainos Group has a fifty-two week low of GBX 900.50 ($11.31) and a fifty-two week high of GBX 1,421 ($17.85). The company has a market capitalization of £1.25 billion, a PE ratio of 3,006.06, a P/E/G ratio of 2.15 and a beta of 0.72.

About Kainos Group

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.