Shares of Kainos Group PLC (LON:KNOS) hit a new 52-week high during trading on Friday after Canaccord Genuity raised their price target on the stock from GBX 520 to GBX 590. Canaccord Genuity currently has a buy rating on the stock. Kainos Group traded as high as GBX 524 ($6.85) and last traded at GBX 520 ($6.79), with a volume of 83542 shares. The stock had previously closed at GBX 497 ($6.49).
Separately, Shore Capital reiterated a “buy” rating on shares of Kainos Group in a report on Monday, November 26th.
The firm has a market capitalization of $646.07 million and a PE ratio of 48.60.
About Kainos Group (LON:KNOS)
Kainos Group plc provides digital technology services and platforms for public and private organizations worldwide. The company operates through two divisions, Digital Services and Digital Platforms. The Digital Services division delivers customized online digital solutions, principally for central, regional, and local government departments and agencies, as well as for commercial sector organizations.
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