Kainos Group’s (KNOS) Buy Rating Reaffirmed at Shore Capital

Shore Capital restated their buy rating on shares of Kainos Group (LON:KNOS – Get Rating) in a report issued on Monday morning, Digital Look reports.

KNOS has been the topic of several other research reports. Goodbody raised shares of Kainos Group to a buy rating and set a GBX 1,344 ($16.72) price objective on the stock in a research note on Thursday, March 16th. Canaccord Genuity Group lowered shares of Kainos Group to a hold rating and dropped their price objective for the stock from GBX 1,525 ($18.97) to GBX 1,270 ($15.80) in a research report on Thursday, April 20th. Finally, Numis Securities reaffirmed a hold rating and set a GBX 1,560 ($19.40) price target on shares of Kainos Group in a report on Monday. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of Moderate Buy and an average price target of GBX 1,483.50 ($18.45).

Kainos Group Trading Down 1.8 %

Shares of Kainos Group stock opened at GBX 1,236 ($15.37) on Monday. Kainos Group has a 52-week low of GBX 954.50 ($11.87) and a 52-week high of GBX 1,760 ($21.89). The firm has a market cap of £1.54 billion, a price-to-earnings ratio of 4,120.00, a price-to-earnings-growth ratio of 2.15 and a beta of 0.83. The company has a quick ratio of 1.59, a current ratio of 1.63 and a debt-to-equity ratio of 2.22. The company’s 50-day simple moving average is GBX 1,296.56 and its 200-day simple moving average is GBX 1,426.62.

Kainos Group Increases Dividend

The firm also recently declared a dividend, which will be paid on Friday, October 20th. Stockholders of record on Thursday, September 28th will be given a GBX 16.10 ($0.20) dividend. This is an increase from Kainos Group’s previous dividend of $7.80. This represents a dividend yield of 1.32%. The ex-dividend date of this dividend is Thursday, September 28th. Kainos Group’s dividend payout ratio (DPR) is presently 7,666.67%.

Kainos Group Company Profile

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Kainos Group plc provides digital technology services in the United Kingdom. It operates through two divisions, Digital Services and Workday Practice. The Digital Services division includes lifecycle development of customized digital services for public, commercial sectors, and healthcare organizations.