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

Kainos Group (LON:KNOS)‘s stock had its “buy” rating restated by equities researchers at Shore Capital in a research report issued on Friday,London Stock Exchange reports.

Several other research analysts also recently weighed in on the stock. Deutsche Bank Aktiengesellschaft dropped their target price on shares of Kainos Group from GBX 1,235 ($16.08) to GBX 1,185 ($15.43) and set a “buy” rating on the stock in a research report on Tuesday, September 17th. Berenberg Bank reissued a “buy” rating and issued a GBX 1,415 ($18.42) target price on shares of Kainos Group in a research report on Friday, October 4th.

Kainos Group Stock Performance

Shares of KNOS opened at GBX 795 ($10.35) on Friday. The firm’s 50 day moving average is GBX 849.06 and its 200-day moving average is GBX 1,000.39. The stock has a market capitalization of £1.00 billion, a P/E ratio of 2,038.46, a P/E/G ratio of 2.15 and a beta of 0.79. The company has a debt-to-equity ratio of 3.76, a current ratio of 1.81 and a quick ratio of 1.59. Kainos Group has a 12-month low of GBX 726 ($9.45) and a 12-month high of GBX 1,288 ($16.77).

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.