Kooth (LON:KOO) Stock Rating Reaffirmed as Buy by Canaccord Genuity Group

Kooth (LON:KOO – Get Free Report)‘s stock had its “buy” rating restated by Canaccord Genuity Group in a note issued to investors on Wednesday, Digital Look reports. They currently have a GBX 330 price objective on the stock. Canaccord Genuity Group’s target price would suggest a potential upside of 76.47% from the company’s previous close.

Kooth Stock Up 11.0%

Shares of LON:KOO opened at GBX 187 on Wednesday. The company has a market cap of £67.86 million, a price-to-earnings ratio of 26.71 and a beta of 1.32. The firm’s 50-day simple moving average is GBX 164.25 and its 200-day simple moving average is GBX 148.99. Kooth has a fifty-two week low of GBX 96 and a fifty-two week high of GBX 202.

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

About Kooth

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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.

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