Boku (LON:BOKU) Sets New 52-Week High on Analyst Upgrade

Boku, Inc. (LON:BOKU)’s stock price hit a new 52-week high during mid-day trading on Monday after Canaccord Genuity Group raised their price target on the stock from GBX 271 to GBX 324. Canaccord Genuity Group currently has a buy rating on the stock. Boku traded as high as GBX 250 ($3.34) and last traded at GBX 250 ($3.34), with a volume of 211164 shares trading hands. The stock had previously closed at GBX 242 ($3.24).

Several other research firms have also commented on BOKU. Berenberg Bank restated a “buy” rating and set a GBX 300 price target on shares of Boku in a research report on Tuesday, September 30th. Jefferies Financial Group lifted their target price on Boku from GBX 275 to GBX 324 and gave the company a “buy” rating in a research report on Monday. Finally, Peel Hunt reissued a “buy” rating and set a GBX 308 price target on shares of Boku in a research report on Tuesday, September 30th. Four analysts have rated the stock with a Buy rating, According to data from MarketBeat, Boku has a consensus rating of “Buy” and an average target price of GBX 314.

Boku Stock Up 1.4%

The company has a quick ratio of 1.38, a current ratio of 1.27 and a debt-to-equity ratio of 2.29. The stock has a market cap of £741.82 million, a PE ratio of 50.00 and a beta of -0.11. The firm has a fifty day moving average of GBX 227.04 and a 200 day moving average of GBX 201.02.

Boku Company Profile

Boku Inc (AIM: BOKU) is a global network of localised payment solutions. Through a single integration, Boku provides access to a comprehensive network of digital wallets, direct carrier billing, and account-to-account (A2A) real-time payment schemes – reaching over 7 billion consumer payment accounts worldwide.