Knights Group’s (KGH) “Buy” Rating Reiterated at Canaccord Genuity Group

Canaccord Genuity Group reissued their buy rating on shares of Knights Group (LON:KGH) in a report issued on Friday,London Stock Exchange reports. They currently have a GBX 355 price target on the stock.

A number of other research analysts also recently weighed in on KGH. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a GBX 210 price objective on shares of Knights Group in a research report on Thursday, May 21st. Stifel Nicolaus restated a “buy” rating and set a GBX 220 target price on shares of Knights Group in a research report on Wednesday, May 20th. Three investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company currently has an average rating of “Buy” and an average price target of GBX 261.67.

Knights Group Price Performance

Shares of LON KGH opened at GBX 177 on Friday. The company has a debt-to-equity ratio of 116.67, a current ratio of 2.26 and a quick ratio of 2.10. The stock has a market capitalization of £152.16 million, a price-to-earnings ratio of 33.97 and a beta of 1.47. The firm’s 50 day simple moving average is GBX 182.14 and its 200-day simple moving average is GBX 175.60. Knights Group has a 12 month low of GBX 144.85 and a 12 month high of GBX 213.

Knights Group (LON:KGH) last posted its earnings results on Monday, July 6th. The company reported GBX 28.14 earnings per share (EPS) for the quarter. Knights Group had a net margin of 2.28% and a return on equity of 4.58%. Analysts expect that Knights Group will post 22.0875439 EPS for the current year.

About Knights Group

Knights Group Holdings plc provides legal and professional services in the United Kingdom. The company offers business services comprising of banking, commercial, corporate, data protection, debt advisory , dispute resolution, and housing and regeneration. It also offers services in the areas of immigration, licensing and gambling, and employment. In addition, the company provides personal services in the areas of agriculture, charities, conveyancing, family, landed estates, planning, professional discipline, tax and trusts, and wills and estates.