Knights Group Holdings plc (LON:KGH) Receives Consensus Recommendation of “Hold” from Analysts

Knights Group Holdings plc (LON:KGH – Get Rating) has earned a consensus rating of “Hold” from the six ratings firms that are covering the firm, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, three have given a hold rating and two have assigned a buy rating to the company. The average 12 month price objective among brokerages that have issued ratings on the stock in the last year is GBX 445 ($5.56).

KGH has been the subject of a number of research analyst reports. Berenberg Bank cut their price target on shares of Knights Group from GBX 410 ($5.12) to GBX 165 ($2.06) and set a “hold” rating for the company in a report on Friday, March 25th. Shore Capital reiterated a “sell” rating on shares of Knights Group in a report on Wednesday, April 13th.

In related news, insider Kate Louise Lewis sold 180,000 shares of the stock in a transaction dated Tuesday, February 8th. The shares were sold at an average price of GBX 375 ($4.68), for a total value of £675,000 ($843,222.99).

Knights Group stock traded up GBX 2.50 ($0.03) during trading hours on Tuesday, reaching GBX 118.50 ($1.48). 175,055 shares of the stock were exchanged, compared to its average volume of 232,825. The stock has a market cap of £99.41 million and a P/E ratio of 31.18. The company has a debt-to-equity ratio of 85.03, a quick ratio of 2.36 and a current ratio of 2.36. Knights Group has a 52-week low of GBX 112.40 ($1.40) and a 52-week high of GBX 455 ($5.68). The firm’s 50 day moving average is GBX 232.68 and its 200 day moving average is GBX 340.89.

About Knights Group (Get Rating)

Knights Group Holdings plc provides legal and professional services in the United Kingdom. The company offers business services, in the areas of banking, commercial, corporate, data protection, debt recovery, dispute resolution, and housing and regeneration. It also offers services in the areas of immigration, licensing and gambling, and employment.

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