Kainos Group (LON:KNOS) Earns Buy Rating from Shore Capital

Kainos Group (LON:KNOS)‘s stock had its “buy” rating restated by equities researchers at Shore Capital in a research report issued to clients and investors on Friday,London Stock Exchange reports. They presently have a GBX 1,100 price objective on the stock. Shore Capital’s target price indicates a potential upside of 26.95% from the company’s current price.

KNOS has been the topic of several other research reports. Canaccord Genuity Group reaffirmed a “speculative buy” rating and set a GBX 1,000 price objective on shares of Kainos Group in a report on Monday, September 1st. Berenberg Bank reaffirmed a “buy” rating and set a GBX 1,025 price objective on shares of Kainos Group in a report on Monday, September 1st. Three equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, Kainos Group presently has a consensus rating of “Buy” and a consensus price target of GBX 1,041.67.

Kainos Group Price Performance

Shares of Kainos Group stock opened at GBX 866.50 on Friday. Kainos Group has a 12 month low of GBX 580 and a 12 month high of GBX 929. The company has a debt-to-equity ratio of 3.76, a current ratio of 1.81 and a quick ratio of 1.59. The stock has a market capitalization of £1.04 billion, a P/E ratio of 3,072.70, a PEG ratio of 2.15 and a beta of 0.79. The business has a 50 day simple moving average of GBX 762.48 and a two-hundred day simple moving average of GBX 734.11.

About Kainos Group

Kainos Group plc engages in the provision of 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 transforming service delivery in public, commercial, and healthcare sectors.