Boku (LON:BOKU) Reaches New 1-Year High – Still a Buy?

Shares of Boku, Inc. (LON:BOKU) hit a new 52-week high on Thursday . The company traded as high as GBX 255 and last traded at GBX 223.25, with a volume of 1873228 shares traded. The stock had previously closed at GBX 228.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on BOKU shares. Jefferies Financial Group boosted their target price on shares of Boku from GBX 275 to GBX 324 and gave the company a “buy” rating in a report on Monday, October 20th. Peel Hunt reiterated a “buy” rating and issued a GBX 308 price target on shares of Boku in a research note on Tuesday, September 30th. Berenberg Bank reiterated a “buy” rating and set a GBX 300 price objective on shares of Boku in a research report on Thursday. Finally, Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 324 price target on shares of Boku in a research report on Thursday. Four analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Boku presently has an average rating of “Buy” and a consensus target price of GBX 314.

Boku Stock Down 2.7%

The company has a current ratio of 1.27, a quick ratio of 1.38 and a debt-to-equity ratio of 2.29. The firm has a market cap of £641.47 million, a P/E ratio of 43.20 and a beta of -0.11. The business has a 50-day moving average price of GBX 213.61 and a 200-day moving average price of GBX 221.67.

About Boku