Kainos Group (LON:KNOS) PT Lowered to GBX 1,260 at Berenberg Bank

Kainos Group (LON:KNOS) had its target price decreased by Berenberg Bank from GBX 1,315 ($16.37) to GBX 1,260 ($15.69) in a research report report published on Monday, Marketbeat Ratings reports. Berenberg Bank currently has a buy rating on the stock.

A number of other research analysts have also weighed in on the stock. Shore Capital reissued a buy rating on shares of Kainos Group in a report on Monday. Canaccord Genuity Group reissued a buy rating and issued a GBX 1,000 ($12.45) target price on shares of Kainos Group in a report on Monday. Two investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of Moderate Buy and an average target price of GBX 1,280 ($15.93).

Kainos Group Trading Down 6.4 %

KNOS stock opened at GBX 924 ($11.50) on Monday. The firm has a fifty day moving average price of GBX 1,042.55 and a 200 day moving average price of GBX 1,058.31. Kainos Group has a fifty-two week low of GBX 900.50 ($11.21) and a fifty-two week high of GBX 1,421 ($17.69). The company has a debt-to-equity ratio of 2.95, a quick ratio of 1.59 and a current ratio of 1.55. The firm has a market cap of £1.16 billion, a PE ratio of 2,800.00, a price-to-earnings-growth ratio of 2.15 and a beta of 0.73.

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.