Kainos Group (LON:KNOS) Earns “Hold” Rating from Canaccord Genuity Group

Canaccord Genuity Group restated their hold rating on shares of Kainos Group (LON:KNOS) in a research report report published on Tuesday, MarketBeat Ratings reports. They currently have a GBX 1,000 ($12.56) target price on the stock.

A number of other equities analysts have also recently weighed in on the company. Berenberg Bank dropped their price target on Kainos Group from GBX 1,315 ($16.52) to GBX 1,260 ($15.83) and set a buy rating on the stock in a research note on Monday, April 15th. Shore Capital reissued a buy rating on shares of Kainos Group in a research note on Monday, April 15th. Three equities research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to MarketBeat, Kainos Group has an average rating of Hold and a consensus price target of GBX 1,280 ($16.08).

Kainos Group Trading Down 0.3 %

Shares of KNOS opened at GBX 994 ($12.49) on Tuesday. The business’s 50-day moving average price is GBX 1,002.46 and its 200 day moving average price is GBX 1,042.04. The stock has a market capitalization of £1.25 billion, a P/E ratio of 3,021.21, a P/E/G ratio of 2.15 and a beta of 0.72. Kainos Group has a 1-year low of GBX 900.50 ($11.31) and a 1-year high of GBX 1,421 ($17.85). The company has a current ratio of 1.55, a quick ratio of 1.59 and a debt-to-equity ratio of 2.95.

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.