Kainos Group’s (KNOS) Hold Rating Reaffirmed at Canaccord Genuity Group

Kainos Group (LON:KNOS)‘s stock had its “hold” rating reiterated by investment analysts at Canaccord Genuity Group in a research report issued to clients and investors on Tuesday, LSE.Co.UK reports. They presently have a GBX 1,000 ($12.56) price objective on the stock. Canaccord Genuity Group’s target price suggests a potential upside of 0.91% from the company’s current price.

KNOS has been the topic of several other reports. Shore Capital reaffirmed a “buy” rating on shares of Kainos Group in a report on Monday, April 15th. Berenberg Bank dropped their price objective on shares of Kainos Group from GBX 1,315 ($16.52) to GBX 1,260 ($15.83) and set a “buy” rating on the stock in a research note on Monday, April 15th. Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to MarketBeat.com, Kainos Group has a consensus rating of “Hold” and an average price target of GBX 1,280 ($16.08).

Kainos Group Price Performance

LON:KNOS traded down GBX 2 ($0.03) during trading hours on Tuesday, hitting GBX 991 ($12.45). 93,313 shares of the stock traded hands, compared to its average volume of 421,199. The stock has a 50 day moving average price of GBX 1,004.52 and a 200 day moving average price of GBX 1,042.80. The company has a quick ratio of 1.59, a current ratio of 1.55 and a debt-to-equity ratio of 2.95. The company has a market cap of £1.25 billion, a price-to-earnings ratio of 3,003.03, a price-to-earnings-growth ratio of 2.15 and a beta of 0.72. Kainos Group has a 1 year low of GBX 900.50 ($11.31) and a 1 year high of GBX 1,421 ($17.85).

Kainos Group Company Profile

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.