Kooth (LON:KOO) Price Target Raised to GBX 300

Kooth (LON:KOO) had its price objective lifted by Berenberg Bank from GBX 260 to GBX 300 in a research note released on Tuesday morning, Marketbeat.com reports. The brokerage currently has a buy rating on the stock.

Separately, Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 490 price target on shares of Kooth in a research report on Monday, July 28th. Two investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, Kooth has an average rating of “Buy” and an average target price of GBX 365.

Kooth Stock Performance

Shares of KOO stock opened at GBX 142.50 on Tuesday. The business’s fifty day simple moving average is GBX 158.65 and its 200-day simple moving average is GBX 156.65. The company has a market cap of £51.09 million, a PE ratio of 678.57 and a beta of 0.71. The company has a current ratio of 2.19, a quick ratio of 2.36 and a debt-to-equity ratio of 0.13. Kooth has a 12-month low of GBX 120 and a 12-month high of GBX 326.

Kooth (LON:KOO) last issued its quarterly earnings results on Tuesday, September 23rd. The company reported GBX (0.03) earnings per share (EPS) for the quarter. Kooth had a return on equity of 18.59% and a net margin of 7.89%. Analysts expect that Kooth will post 12.9798903 earnings per share for the current fiscal year.

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.