Kainos Group (LON:KNOS) Given “Buy” Rating at Berenberg Bank

Berenberg Bank reaffirmed their buy rating on shares of Kainos Group (LON:KNOS) in a report published on Tuesday,Digital Look reports. The firm currently has a GBX 1,185 price target on the stock.

Several other analysts also recently weighed in on KNOS. Stifel Nicolaus restated a “buy” rating and issued a GBX 1,282 price target on shares of Kainos Group in a research note on Tuesday. Shore Capital Group restated a “buy” rating on shares of Kainos Group in a research note on Monday. Finally, Canaccord Genuity Group restated a “buy” rating and issued a GBX 1,150 price target on shares of Kainos Group in a research note on Wednesday, March 4th. Five investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Kainos Group has a consensus rating of “Buy” and an average price target of GBX 1,163.40.

Kainos Group Stock Performance

Kainos Group stock opened at GBX 909.38 on Tuesday. The company has a quick ratio of 1.59, a current ratio of 1.23 and a debt-to-equity ratio of 5.05. The company has a market capitalization of £1.06 billion, a P/E ratio of 36.67, a PEG ratio of 2.15 and a beta of 0.74. The stock’s 50 day moving average is GBX 755.46 and its 200 day moving average is GBX 898.94. Kainos Group has a twelve month low of GBX 680.50 and a twelve month high of GBX 1,190.

Kainos Group Company Profile

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. The Workday Services segment provides consulting, project management, integration, and post deployment services for Workday’s software suite, which includes cloud-based software for human capital management, and financial management, and adaptive planning.