Boku (LON:BOKU) Given Buy Rating at Berenberg Bank

Boku (LON:BOKU – Get Rating)‘s stock had its “buy” rating restated by equities researchers at Berenberg Bank in a report released on Friday, LSE.Co.UK reports. They currently have a GBX 270 ($3.51) target price on the stock. Berenberg Bank’s price target points to a potential upside of 113.44% from the stock’s current price.

Separately, Peel Hunt reiterated a “buy” rating and set a GBX 245 ($3.19) target price on shares of Boku in a report on Wednesday, January 19th.

Boku stock opened at GBX 126.50 ($1.65) on Friday. The company has a current ratio of 1.19, a quick ratio of 1.12 and a debt-to-equity ratio of 15.34. The firm has a 50-day moving average of GBX 129.67 and a 200-day moving average of GBX 159.15. The firm has a market cap of £376.57 million and a P/E ratio of 79.06. Boku has a 1-year low of GBX 109.55 ($1.43) and a 1-year high of GBX 212.50 ($2.76).

In other news, insider Keith Butcher bought 10,000 shares of Boku stock in a transaction on Friday, February 25th. The shares were purchased at an average price of GBX 133 ($1.73) per share, for a total transaction of £13,300 ($17,304.19).

About Boku (Get Rating)

Boku, Inc provides mobile billing and payment solutions for mobile network operators and merchants. The company's solutions enable consumers to make online payments using their mobile devices. It offers payment solutions that delivers mobile payment acceptance across carrier billing and mobile wallets for consumers.

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