Kainos Group (LON:KNOS) Rating Reiterated by Berenberg Bank

Kainos Group (LON:KNOS)‘s stock had its “buy” rating reiterated by equities research analysts at Berenberg Bank in a research note issued on Friday, MarketBeat.com reports. They currently have a GBX 1,415 ($18.93) target price on the stock. Berenberg Bank’s target price would suggest a potential upside of 63.96% from the stock’s previous close.

Other equities research analysts have also issued reports about the stock. Deutsche Bank Aktiengesellschaft reduced their target price on shares of Kainos Group from GBX 1,235 ($16.52) to GBX 1,185 ($15.85) and set a “buy” rating for the company in a report on Tuesday, September 17th. Shore Capital reissued a “buy” rating on shares of Kainos Group in a research note on Monday, September 16th.

Kainos Group Stock Up 2.9 %

Shares of KNOS stock opened at GBX 863 ($11.54) on Friday. The company has a current ratio of 1.81, a quick ratio of 1.59 and a debt-to-equity ratio of 3.76. Kainos Group has a 12 month low of GBX 822 ($11.00) and a 12 month high of GBX 1,288 ($17.23). The stock has a market cap of £1.09 billion, a P/E ratio of 2,212.82, a P/E/G ratio of 2.15 and a beta of 0.79. The company has a 50 day simple moving average of GBX 982.04 and a two-hundred day simple moving average of GBX 1,029.73.

Kainos Group Company Profile

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.