Kainos Group (LON:KNOS) Given Buy Rating at Canaccord Genuity Group

Kainos Group (LON:KNOS)‘s stock had its “buy” rating reaffirmed by stock analysts at Canaccord Genuity Group in a note issued to investors on Monday, LSE.Co.UK reports. They currently have a GBX 1,000 ($12.66) price objective on the stock. Canaccord Genuity Group’s target price indicates a potential downside of 1.38% from the stock’s current price.

Separately, Shore Capital restated a “buy” rating on shares of Kainos Group in a research note on Friday, March 22nd.

Kainos Group Stock Performance

KNOS stock traded up GBX 48 ($0.61) during trading hours on Monday, reaching GBX 1,014 ($12.83). The stock had a trading volume of 758,211 shares, compared to its average volume of 453,930. The stock has a market capitalization of £1.28 billion, a PE ratio of 3,072.73, a price-to-earnings-growth ratio of 2.15 and a beta of 0.73. The company has a debt-to-equity ratio of 2.95, a current ratio of 1.55 and a quick ratio of 1.59. The stock has a 50-day simple moving average of GBX 1,053.01 and a 200 day simple moving average of GBX 1,060.92. Kainos Group has a fifty-two week low of GBX 900.50 ($11.40) and a fifty-two week high of GBX 1,421 ($17.99).

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.