Kainos Group plc (LON:KNOS) Stock Rated “Moderate Buy” by Sell-Side Analysts

Kainos Group plc (LON:KNOS) has been given a consensus rating of “Moderate Buy” by the six brokerages that are presently covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is GBX 1,231.17.

Several research firms have weighed in on KNOS. Berenberg Bank boosted their price target 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 raised their price objective on Kainos Group from GBX 920 to GBX 1,260 and gave the company a “hold” rating in a research note on Tuesday, August 18th. Finally, Canaccord Genuity Group lifted their price objective on 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

KNOS stock opened at GBX 1,273 on Thursday. The company has a debt-to-equity ratio of 6.11, a quick ratio of 1.59 and a current ratio of 1.17. Kainos Group has a 52 week low of GBX 686 and a 52 week high of GBX 1,294. The firm’s fifty day moving average is GBX 1,178.94 and its 200 day moving average is GBX 944.11. The firm has a market cap of £1.47 billion, a P/E ratio of 36.27, a P/E/G ratio of 2.15 and a beta of 0.87.

About Kainos Group

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.