Kainos Group (LON:KNOS) PT Lowered to GBX 1,260

Kainos Group (LON:KNOS) had its price target decreased by Berenberg Bank from GBX 1,315 ($16.37) to GBX 1,260 ($15.69) in a research note published on Monday morning, Marketbeat.com reports. Berenberg Bank currently has a buy rating on the stock.

Other research analysts have also recently issued reports about the stock. Canaccord Genuity Group reissued a buy rating and set a GBX 1,000 ($12.45) price objective on shares of Kainos Group in a research note on Monday. Shore Capital reaffirmed a buy rating on shares of Kainos Group in a research note on Monday. Two research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Kainos Group presently has a consensus rating of Moderate Buy and an average price target of GBX 1,280 ($15.93).

Kainos Group Stock Performance

LON KNOS opened at GBX 914 ($11.38) on Monday. The company has a quick ratio of 1.59, a current ratio of 1.55 and a debt-to-equity ratio of 2.95. The firm has a market cap of £1.15 billion, a P/E ratio of 2,769.70, a P/E/G ratio of 2.15 and a beta of 0.73. Kainos Group has a 52-week low of GBX 900.50 ($11.21) and a 52-week high of GBX 1,421 ($17.69). The business’s 50-day moving average price is GBX 1,038.61 and its 200 day moving average price is GBX 1,057.32.

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.