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

Kooth (LON:KOO)‘s stock had its “buy” rating reissued by investment analysts at Canaccord Genuity Group in a note issued to investors on Wednesday, Digital Look reports. They presently have a GBX 330 target price on the stock. Canaccord Genuity Group’s price objective would indicate a potential upside of 76.47% from the company’s current price.

Kooth Stock Performance

Shares of LON KOO opened at GBX 187 on Wednesday. Kooth has a 1 year low of GBX 96 and a 1 year high of GBX 202. The firm has a market cap of £67.86 million, a P/E ratio of 26.71 and a beta of 1.32. The stock has a fifty day moving average price of GBX 164.25 and a two-hundred day moving average price of GBX 148.99.

Kooth (LON:KOO) last posted its quarterly earnings data on Wednesday, September 23rd. The company reported GBX 5 EPS for the quarter. Kooth had a return on equity of 17.74% and a net margin of 9.43%. On average, research analysts predict that Kooth will post 12.9798903 earnings per share for the current fiscal year.

About Kooth

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.