Kainos Group plc (LON:KNOS – Get Free Report)’s share price traded down 11.8% during mid-day trading on Monday . The company traded as low as GBX 953 ($12.57) and last traded at GBX 975 ($12.86). 758,660 shares traded hands during mid-day trading, an increase of 122% from the average session volume of 341,062 shares. The stock had previously closed at GBX 1,106 ($14.59).
Wall Street Analysts Forecast Growth
A number of research analysts recently issued reports on the stock. Shore Capital reiterated a “buy” rating on shares of Kainos Group in a research note on Monday, May 13th. Deutsche Bank Aktiengesellschaft lifted their price target on shares of Kainos Group from GBX 1,050 ($13.85) to GBX 1,235 ($16.29) and gave the stock a “hold” rating in a research note on Monday, May 20th. Finally, Canaccord Genuity Group reiterated a “hold” rating and issued a GBX 1,000 ($13.19) price target on shares of Kainos Group in a research note on Tuesday, May 7th.
Read Our Latest Stock Report on KNOS
Kainos Group Stock Down 11.8 %
Kainos Group Company Profile
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.
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