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

Kainos Group (LON:KNOS)‘s stock had its “buy” rating reiterated by analysts at Shore Capital in a report issued on Tuesday, Marketbeat.com reports.

Several other analysts have also issued reports on the company. Deutsche Bank Aktiengesellschaft cut their price target on Kainos Group from GBX 1,235 ($15.27) to GBX 1,185 ($14.65) and set a “buy” rating for the company in a report on Tuesday, September 17th. Berenberg Bank reissued a “buy” rating and issued a GBX 1,415 ($17.49) target price on shares of Kainos Group in a report on Friday, October 4th.

Kainos Group Trading Down 5.3 %

Shares of KNOS stock opened at GBX 749 ($9.26) on Tuesday. The firm’s 50 day moving average is GBX 804.91 and its 200 day moving average is GBX 920.24. The stock has a market capitalization of £942.54 million, a P/E ratio of 1,920.51, a P/E/G ratio of 2.15 and a beta of 0.79. The company has a current ratio of 1.81, a quick ratio of 1.59 and a debt-to-equity ratio of 3.76. Kainos Group has a 12-month low of GBX 726 ($8.97) and a 12-month high of GBX 1,288 ($15.92).

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.