Kitwave Group (LON:KITW) Rating Reiterated by Canaccord Genuity Group

Kitwave Group (LON:KITW)‘s stock had its “buy” rating reiterated by equities research analysts at Canaccord Genuity Group in a report issued on Tuesday, Digital Look reports. They currently have a GBX 455 ($5.76) price objective on the stock. Canaccord Genuity Group’s price target would indicate a potential upside of 44.83% from the company’s previous close.

Kitwave Group Trading Down 6.5 %

LON KITW opened at GBX 314.16 ($3.97) on Tuesday. Kitwave Group has a 12 month low of GBX 236.40 ($2.99) and a 12 month high of GBX 409.50 ($5.18). The company has a current ratio of 1.29, a quick ratio of 0.65 and a debt-to-equity ratio of 69.96. The firm has a market capitalization of £220.26 million, a PE ratio of 1,200.71 and a beta of 0.85. The business’s 50-day moving average price is GBX 364.93 and its two-hundred day moving average price is GBX 325.87.

Kitwave Group Company Profile

Kitwave Group plc engages in the wholesale business in the United Kingdom. It operates in three divisions: Ambient, Frozen & Chilled, and Foodservice. The Ambient division supplies confectionery, soft drinks, crisps and snacks, and tobacco. This division serves independent convenience stores, vending operators, national retailers, and other UK wholesalers.