Canaccord Genuity Group Reiterates “Buy” Rating for Kooth (LON:KOO)

Kooth (LON:KOO)‘s stock had its “buy” rating reaffirmed by equities research analysts at Canaccord Genuity Group in a research note issued on Wednesday,Digital Look reports. They presently have a GBX 330 price objective on the stock. Canaccord Genuity Group’s target price suggests a potential upside of 114.98% from the company’s previous close.

Separately, Stifel Nicolaus reissued a “buy” rating and issued a GBX 360 target price on shares of Kooth in a research report on Tuesday, April 21st. Three research analysts have rated the stock with a Buy rating, According to MarketBeat.com, Kooth currently has an average rating of “Buy” and a consensus price target of GBX 330.

Kooth Stock Down 2.2%

Kooth stock traded down GBX 3.50 during trading on Wednesday, hitting GBX 153.50. The stock had a trading volume of 274,700 shares, compared to its average volume of 98,071. Kooth has a 1 year low of GBX 96 and a 1 year high of GBX 190. The stock’s 50 day moving average is GBX 161.91 and its two-hundred day moving average is GBX 135.98. The stock has a market cap of £55.68 million, a price-to-earnings ratio of 21.93 and a beta of 1.30.

Kooth Company Profile

At Kooth, our sole purpose is to create easy-to-access online mental health services that work alongside you to provide compassionate and effective support.