Knights Group’s (KGH) “Buy” Rating Reaffirmed at Canaccord Genuity Group

Canaccord Genuity Group restated their buy rating on shares of Knights Group (LON:KGH) in a research note issued to investors on Friday,London Stock Exchange reports. The brokerage currently has a GBX 355 target price on the stock.

Other research analysts have also issued reports about the stock. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a GBX 210 price target on shares of Knights Group in a research note on Thursday, May 21st. Stifel Nicolaus restated a “buy” rating and set a GBX 220 target price on shares of Knights Group in a report on Wednesday, May 20th. Three investment analysts have rated the stock with a Buy rating, According to MarketBeat, the stock presently has an average rating of “Buy” and an average price target of GBX 261.67.

Knights Group Stock Up 3.8%

Knights Group stock opened at GBX 179.50 on Friday. The stock’s fifty day simple moving average is GBX 182.14 and its 200-day simple moving average is GBX 175.60. The firm has a market capitalization of £154.31 million, a P/E ratio of 34.45 and a beta of 1.47. Knights Group has a twelve month low of GBX 144.85 and a twelve month high of GBX 213. The company has a current ratio of 2.26, a quick ratio of 2.10 and a debt-to-equity ratio of 116.67.

Knights Group (LON:KGH) last issued its quarterly earnings results on Monday, July 6th. The company reported GBX 28.14 earnings per share (EPS) for the quarter. Knights Group had a net margin of 2.28% and a return on equity of 4.58%. As a group, equities analysts expect that Knights Group will post 22.0875439 earnings per share for the current fiscal year.

About Knights Group

Knights Group Holdings plc provides legal and professional services in the United Kingdom. The company offers business services comprising of banking, commercial, corporate, data protection, debt advisory , dispute resolution, and housing and regeneration. It also offers services in the areas of immigration, licensing and gambling, and employment. In addition, the company provides personal services in the areas of agriculture, charities, conveyancing, family, landed estates, planning, professional discipline, tax and trusts, and wills and estates.