Kainos Group (LON:KNOS) Given Buy Rating at Berenberg Bank

Kainos Group (LON:KNOS)‘s stock had its “buy” rating reiterated by stock analysts at Berenberg Bank in a research note issued to investors on Monday, MarketBeat.com reports. They currently have a GBX 1,025 ($13.57) price objective on the stock. Berenberg Bank’s target price suggests a potential upside of 46.74% from the company’s current price.

KNOS has been the subject of several other reports. Shore Capital reaffirmed a “buy” rating on shares of Kainos Group in a report on Friday, February 7th. Canaccord Genuity Group reaffirmed a “speculative buy” rating and issued a GBX 1,000 ($13.23) price objective on shares of Kainos Group in a report on Friday, March 14th. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of GBX 1,052.50 ($13.93).

Kainos Group Stock Up 3.3 %

Kainos Group stock opened at GBX 698.50 ($9.24) on Monday. The business’s 50-day moving average price is GBX 707.09 and its 200 day moving average price is GBX 773.55. The company has a quick ratio of 1.59, a current ratio of 1.81 and a debt-to-equity ratio of 3.76. The firm has a market cap of £882.28 million, a price-to-earnings ratio of 18.30, a price-to-earnings-growth ratio of 2.15 and a beta of 0.79. Kainos Group has a 52 week low of GBX 580 ($7.68) and a 52 week high of GBX 1,288 ($17.05).

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.