Kainos Group plc (LON:KNOS) Stock Has Average Price Target of GBX 1,231.17

Kainos Group plc (LON:KNOS) has earned a consensus recommendation of “Moderate Buy” from the six ratings firms that are presently covering the company, Marketbeat reports. One equities research analyst has rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is GBX 1,231.17.

A number of research analysts have commented on the stock. Deutsche Bank Aktiengesellschaft raised their target price on shares of Kainos Group from GBX 920 to GBX 1,260 and gave the company a “hold” rating in a research report on Tuesday, August 18th. Berenberg Bank increased their price objective on shares of Kainos Group from GBX 1,185 to GBX 1,330 and gave the company a “buy” rating in a research note on Wednesday, August 19th. Finally, Canaccord Genuity Group increased their price objective on shares of Kainos Group from GBX 1,200 to GBX 1,315 and gave the company a “buy” rating in a research note on Wednesday, August 19th.

Kainos Group Price Performance

LON:KNOS opened at GBX 1,244 on Thursday. The company has a debt-to-equity ratio of 6.11, a current ratio of 1.17 and a quick ratio of 1.59. Kainos Group has a 1-year low of GBX 686 and a 1-year high of GBX 1,294. The company has a 50-day moving average of GBX 1,163.93 and a 200 day moving average of GBX 936.23. The firm has a market cap of £1.44 billion, a PE ratio of 35.44, a price-to-earnings-growth ratio of 2.15 and a beta of 0.87.

Kainos Group Company Profile

Kainos Group plc engages in the provision of digital technology services in the United Kingdom, Ireland, North America, Central Europe, and internationally. It operates through three segments: Digital Services, Workday Services, and Workday Products. The Digital Services segment develops and supports custom digital service platforms for transforming service delivery in public, commercial, and healthcare sectors. The Workday Services segment provides consulting, project management, integration, and post deployment services for Workday’s software suite, which includes cloud-based software for human capital management, and financial management, and adaptive planning.