Kainos Group (LON:KNOS) Given “Buy” Rating at Shore Capital

Shore Capital reissued their buy rating on shares of Kainos Group (LON:KNOS) in a report issued on Tuesday morning, MarketBeat Ratings reports.

A number of other research firms have also recently commented on KNOS. Deutsche Bank Aktiengesellschaft decreased their price target on Kainos Group from GBX 1,235 ($15.20) to GBX 1,185 ($14.58) and set a “buy” rating for the company in a research note on Tuesday, September 17th. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 1,415 ($17.41) price objective on shares of Kainos Group in a research report on Friday, October 4th.

Kainos Group Trading Down 1.3 %

LON:KNOS opened at GBX 739 ($9.09) on Tuesday. The company has a quick ratio of 1.59, a current ratio of 1.81 and a debt-to-equity ratio of 3.76. The stock has a market capitalization of £929.96 million, a price-to-earnings ratio of 1,894.87, a PEG ratio of 2.15 and a beta of 0.79. Kainos Group has a 52 week low of GBX 726 ($8.93) and a 52 week high of GBX 1,288 ($15.85). The firm has a 50 day moving average of GBX 802.49 and a 200 day moving average of GBX 917.81.

Kainos Group Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, December 13th. Investors of record on Thursday, November 21st were issued a GBX 9.30 ($0.11) dividend. The ex-dividend date was Thursday, November 21st. This represents a yield of 1.17%. Kainos Group’s payout ratio is 6,923.08%.

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.