Knights Group (LON:KGH) Earns Buy Rating from Canaccord Genuity Group

Knights Group (LON:KGH)‘s stock had its “buy” rating reissued by equities research analysts at Canaccord Genuity Group in a report issued on Friday,London Stock Exchange reports. They presently have a GBX 355 price objective on the stock. Canaccord Genuity Group’s target price indicates a potential upside of 97.77% from the company’s previous close.

Several other equities research analysts have also recently commented on the company. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a GBX 210 price objective on shares of Knights Group in a research report on Thursday, May 21st. Stifel Nicolaus reissued a “buy” rating and issued a GBX 220 target price on shares of Knights Group in a research report on Wednesday, May 20th. Three investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus price target of GBX 261.67.

Knights Group Stock Performance

Shares of KGH stock opened at GBX 179.50 on Friday. Knights Group has a one year low of GBX 144.85 and a one year high of GBX 213. The company’s 50-day moving average is GBX 182.14 and its 200 day moving average is GBX 175.60. The company has a market capitalization of £154.31 million, a price-to-earnings ratio of 34.45 and a beta of 1.47. The company has a debt-to-equity ratio of 116.67, a quick ratio of 2.10 and a current ratio of 2.26.

Knights Group (LON:KGH) last posted its earnings results on Monday, July 6th. The company reported GBX 28.14 EPS for the quarter. Knights Group had a return on equity of 4.58% and a net margin of 2.28%. Sell-side analysts expect that Knights Group will post 22.0875439 EPS for the current fiscal year.

Knights Group Company Profile

Knights Group Holdings plc provides legal and professional services in the United Kingdom. The company offers business services comprising of banking, commercial, corporate, data protection, debt advisory , dispute resolution, and housing and regeneration. It also offers services in the areas of immigration, licensing and gambling, and employment. In addition, the company provides personal services in the areas of agriculture, charities, conveyancing, family, landed estates, planning, professional discipline, tax and trusts, and wills and estates.