Shore Capital Reaffirms Buy Rating for Kainos Group (LON:KNOS)

Kainos Group (LON:KNOS)‘s stock had its “buy” rating reaffirmed by research analysts at Shore Capital in a research report issued to clients and investors on Tuesday,Digital Look reports.

A number of other analysts have also issued reports on the stock. Deutsche Bank Aktiengesellschaft dropped their price target on shares of Kainos Group from GBX 1,235 ($15.45) to GBX 1,185 ($14.83) and set a “buy” rating for the company in a research note on Tuesday, September 17th. Berenberg Bank reaffirmed a “buy” rating and set a GBX 1,415 ($17.70) price target on shares of Kainos Group in a research report on Friday, October 4th.

Kainos Group Stock Down 1.4 %

Shares of Kainos Group stock traded down GBX 11 ($0.14) during trading hours on Tuesday, hitting GBX 791 ($9.90). 3,972,390 shares of the company’s stock traded hands, compared to its average volume of 1,094,834. The company has a quick ratio of 1.59, a current ratio of 1.81 and a debt-to-equity ratio of 3.76. Kainos Group has a twelve month low of GBX 726 ($9.08) and a twelve month high of GBX 1,288 ($16.11). The stock has a 50 day simple moving average of GBX 805.92 and a 200-day simple moving average of GBX 922.33. The company has a market cap of £995.39 million, a PE ratio of 2,028.21, a PEG ratio of 2.15 and a beta of 0.79.

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.