Kainos Group (LON:KNOS – Free Report) had its price target decreased by Canaccord Genuity Group from GBX 1,300 ($15.96) to GBX 1,000 ($12.28) in a research report released on Tuesday, MarketBeat.com reports. Canaccord Genuity Group currently has a hold rating on the stock.
Separately, Shore Capital reaffirmed a buy rating on shares of Kainos Group in a report on Thursday, November 9th. Three research analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of Moderate Buy and a consensus target price of GBX 1,380.80 ($16.96).
Kainos Group Stock Up 0.9 %
Kainos Group Cuts Dividend
The firm also recently disclosed a dividend, which will be paid on Friday, December 15th. Stockholders of record on Thursday, November 23rd will be paid a GBX 8.20 ($0.10) dividend. This represents a dividend yield of 0.67%. The ex-dividend date of this dividend is Thursday, November 23rd. Kainos Group’s dividend payout ratio is 7,272.73%.
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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