Canaccord Genuity Group Increases Kinovo (LON:KINO) Price Target to GBX 80

Kinovo (LON:KINO) had its price objective raised by Canaccord Genuity Group from GBX 70 ($0.90) to GBX 80 ($1.02) in a report issued on Tuesday morning, Marketbeat Ratings reports. The firm currently has a speculative buy rating on the stock.

Kinovo Stock Performance

LON KINO opened at GBX 68 ($0.87) on Tuesday. The company has a current ratio of 0.77, a quick ratio of 0.53 and a debt-to-equity ratio of 95.17. The company has a fifty day simple moving average of GBX 59.10 and a 200 day simple moving average of GBX 53.67. Kinovo has a 12-month low of GBX 25 ($0.32) and a 12-month high of GBX 70 ($0.90). The company has a market cap of £42.79 million, a P/E ratio of 971.43 and a beta of 0.89.

Kinovo Company Profile

Kinovo plc, through its subsidiaries, provides gas heating, electrical, and general building services to housing associations and local authorities, public buildings, industrial and commercial, and education and private sectors in the United Kingdom. The company operates through Mechanical Services, Building Services, and Electrical Services segments.