Kainos Group plc (LON:KNOS) Given Consensus Recommendation of “Moderate Buy” by Analysts

Shares of Kainos Group plc (LON:KNOS) have been given a consensus rating of “Moderate Buy” by the six brokerages that are currently covering the stock, Marketbeat reports. One analyst has rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is GBX 1,231.17.

A number of analysts recently commented on the stock. Berenberg Bank lifted their target price on shares of Kainos Group from GBX 1,185 to GBX 1,330 and gave the stock a “buy” rating in a research note on Wednesday, August 19th. Deutsche Bank Aktiengesellschaft increased their price objective on Kainos Group from GBX 920 to GBX 1,260 and gave the company a “hold” rating in a report on Tuesday, August 18th. Finally, Canaccord Genuity Group increased their price target on shares of Kainos Group from GBX 1,200 to GBX 1,315 and gave the stock a “buy” rating in a report on Wednesday, August 19th.

Kainos Group Price Performance

Shares of LON KNOS opened at GBX 1,216 on Friday. Kainos Group has a fifty-two week low of GBX 686 and a fifty-two week high of GBX 1,294. The company has a market cap of £1.40 billion, a PE ratio of 34.64, a P/E/G ratio of 2.15 and a beta of 0.87. The company has a debt-to-equity ratio of 6.11, a quick ratio of 1.59 and a current ratio of 1.17. The business has a 50-day simple moving average of GBX 1,029.63 and a two-hundred day simple moving average of GBX 880.15.

Insider Transactions at Kainos Group

In other Kainos Group news, insider Richard McCann sold 760,911 shares of the company’s stock in a transaction on Wednesday, July 1st. The shares were sold at an average price of GBX 779, for a total value of £5,927,496.69. 19.72% of the stock is owned by corporate insiders.

Kainos Group Company Profile

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. The Workday Services segment provides consulting, project management, integration, and post deployment services for Workday’s software suite, which includes cloud-based software for human capital management, and financial management, and adaptive planning.