Deutsche Bank Aktiengesellschaft Lowers Kainos Group (LON:KNOS) Price Target to GBX 1,185

Kainos Group (LON:KNOS) had its target price cut by analysts at Deutsche Bank Aktiengesellschaft from GBX 1,235 ($16.31) to GBX 1,185 ($15.65) in a research note issued on Tuesday, Digital Look reports. The firm presently has a “buy” rating on the stock. Deutsche Bank Aktiengesellschaft’s price target suggests a potential upside of 35.27% from the company’s previous close.

A number of other research firms also recently weighed in on KNOS. Berenberg Bank reissued a “buy” rating and set a GBX 1,415 ($18.69) target price on shares of Kainos Group in a research report on Monday, September 2nd. Shore Capital reiterated a “buy” rating on shares of Kainos Group in a research report on Monday.

Kainos Group Trading Down 0.5 %

LON:KNOS traded down GBX 4 ($0.05) during mid-day trading on Tuesday, hitting GBX 876 ($11.57). 181,760 shares of the company’s stock were exchanged, compared to its average volume of 461,328. Kainos Group has a fifty-two week low of GBX 822 ($10.86) and a fifty-two week high of GBX 1,288 ($17.01). The company has a current ratio of 1.81, a quick ratio of 1.59 and a debt-to-equity ratio of 3.76. The firm has a market capitalization of £1.10 billion, a P/E ratio of 2,246.15, a PEG ratio of 2.15 and a beta of 0.79. The company has a 50 day simple moving average of GBX 1,031.48 and a 200-day simple moving average of GBX 1,046.81.

About Kainos Group

Kainos Group plc provides 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 public sector, commercial, and healthcare customers.