Kainos Group (LON:KNOS) Price Target Increased to GBX 1,235 by Analysts at Deutsche Bank Aktiengesellschaft

Kainos Group (LON:KNOS) had its price objective upped by Deutsche Bank Aktiengesellschaft from GBX 1,050 ($13.35) to GBX 1,235 ($15.70) in a research note released on Monday, Marketbeat Ratings reports. The firm currently has a hold rating on the stock.

Other research analysts have also recently issued research reports about the company. Canaccord Genuity Group reiterated a hold rating and issued a GBX 1,000 ($12.71) target price on shares of Kainos Group in a research report on Tuesday, May 7th. Berenberg Bank reduced their price target on Kainos Group from GBX 1,315 ($16.71) to GBX 1,260 ($16.01) and set a buy rating on the stock in a report on Monday, April 15th. Finally, Shore Capital restated a buy rating on shares of Kainos Group in a report on Monday, May 13th. Three investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of Hold and a consensus price target of GBX 1,198.75 ($15.24).

Kainos Group Stock Down 3.9 %

KNOS opened at GBX 1,220 ($15.51) on Monday. Kainos Group has a fifty-two week low of GBX 900.50 ($11.45) and a fifty-two week high of GBX 1,421 ($18.06). 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 company has a market capitalization of £1.54 billion, a P/E ratio of 3,696.97, a P/E/G ratio of 2.15 and a beta of 0.71. The stock has a fifty day moving average of GBX 1,005.07 and a 200-day moving average of GBX 1,040.80.

Kainos Group Increases Dividend

The company also recently declared a dividend, which will be paid on Friday, October 25th. Stockholders of record on Thursday, October 3rd will be paid a dividend of GBX 19.10 ($0.24) per share. This is an increase from Kainos Group’s previous dividend of $8.20. The ex-dividend date of this dividend is Thursday, October 3rd. This represents a dividend yield of 1.8%. Kainos Group’s dividend payout ratio is presently 7,272.73%.

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.