Boku (LON:BOKU) Given “Buy” Rating at Canaccord Genuity Group

Boku (LON:BOKU)‘s stock had its “buy” rating restated by investment analysts at Canaccord Genuity Group in a research report issued to clients and investors on Wednesday, Digital Look reports. They presently have a GBX 263 price target on the stock. Canaccord Genuity Group’s target price indicates a potential upside of 103.39% from the stock’s previous close.

Separately, Berenberg Bank upped their price target on Boku from GBX 200 to GBX 210 and gave the company a “buy” rating in a research report on Wednesday. Four analysts have rated the stock with a Buy rating, According to MarketBeat, the company presently has a consensus rating of “Buy” and a consensus price target of GBX 273.

Boku Stock Up 5.1%

Shares of LON BOKU opened at GBX 129.31 on Wednesday. Boku has a 12-month low of GBX 90 and a 12-month high of GBX 250. The stock has a market cap of £369.36 million, a PE ratio of 32.33 and a beta of 0.10. The company has a current ratio of 1.28, a quick ratio of 1.38 and a debt-to-equity ratio of 3.55. The company has a 50-day moving average of GBX 110.33 and a 200 day moving average of GBX 142.83.

Insider Activity

In other news, insider Rob Whittick bought 65,000 shares of Boku stock in a transaction on Friday, July 10th. The shares were bought at an average cost of GBX 99 per share, with a total value of £64,350. Also, insider Stuart Paul Neal bought 106,000 shares of the firm’s stock in a transaction on Wednesday, July 8th. The stock was purchased at an average price of GBX 95 per share, for a total transaction of £100,700. 5.90% of the stock is currently owned by company insiders.

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