Kainos Group (LON:KNOS) Earns “Speculative Buy” Rating from Canaccord Genuity Group

Kainos Group (LON:KNOS)‘s stock had its “speculative buy” rating reissued by equities researchers at Canaccord Genuity Group in a report released on Friday, MarketBeat Ratings reports. They currently have a GBX 1,000 ($12.93) price target on the stock. Canaccord Genuity Group’s price objective would suggest a potential upside of 38.89% from the company’s current price.

Separately, Shore Capital reaffirmed a “buy” rating on shares of Kainos Group in a report on Friday, February 7th. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 1,150 ($14.88).

Kainos Group Stock Performance

Shares of LON:KNOS opened at GBX 720 ($9.31) on Friday. The company has a market capitalization of £909.44 million, a price-to-earnings ratio of 18.87, a price-to-earnings-growth ratio of 2.15 and a beta of 0.79. Kainos Group has a 52 week low of GBX 666 ($8.61) and a 52 week high of GBX 1,288 ($16.66). The company has a quick ratio of 1.59, a current ratio of 1.81 and a debt-to-equity ratio of 3.76. The firm has a 50 day moving average of GBX 763.12 and a 200 day moving average of GBX 815.21.

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.