Canaccord Genuity Group Lowers Boku (LON:BOKU) Price Target to GBX 263

Boku (LON:BOKU) had its price target dropped by Canaccord Genuity Group from GBX 324 to GBX 263 in a research report issued on Thursday,Digital Look reports. The firm presently has a “buy” rating on the stock. Canaccord Genuity Group’s price objective points to a potential upside of 176.84% from the stock’s previous close.

Separately, Jefferies Financial Group cut their price objective on shares of Boku from GBX 334 to GBX 311 and set a “buy” rating on the stock in a research report on Thursday, March 19th. Four equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average target price of GBX 295.50.

Boku Stock Up 1.0%

Boku stock opened at GBX 95 on Thursday. The company has a 50 day moving average of GBX 156.72 and a 200-day moving average of GBX 181.27. The company has a quick ratio of 1.38, a current ratio of 1.28 and a debt-to-equity ratio of 3.55. Boku has a twelve month low of GBX 90 and a twelve month high of GBX 250. The stock has a market capitalization of £277.61 million, a PE ratio of 23.75 and a beta of 0.10.

Insiders Place Their Bets

In other Boku news, insider Stuart Paul Neal bought 106,000 shares of the firm’s stock in a transaction that occurred on Wednesday, July 8th. The stock was acquired at an average price of GBX 95 per share, with a total value of £100,700. Company insiders own 5.72% of the company’s stock.

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