Boku (LON:BOKU) Stock Price Expected to Rise, Berenberg Bank Analyst Says

Boku (LON:BOKU) had its price target boosted by stock analysts at Berenberg Bank from GBX 200 to GBX 210 in a report released on Wednesday, Digital Look reports. The brokerage presently has a “buy” rating on the stock. Berenberg Bank’s target price points to a potential upside of 69.35% from the company’s previous close.

Separately, Canaccord Genuity Group cut their target price on Boku from GBX 324 to GBX 263 and set a “buy” rating on the stock in a research note on Thursday, July 9th. Four research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company has an average rating of “Buy” and a consensus target price of GBX 273.

Boku Stock Performance

Shares of LON BOKU opened at GBX 124 on Wednesday. Boku has a 12-month low of GBX 90 and a 12-month high of GBX 250. The company has a market cap of £354.19 million, a PE ratio of 31.00 and a beta of 0.10. The stock has a 50 day simple moving average of GBX 110.33 and a 200-day simple moving average of GBX 142.83. The company has a current ratio of 1.28, a quick ratio of 1.38 and a debt-to-equity ratio of 3.55.

Insider Buying and Selling

In other news, insider Rob Whittick bought 65,000 shares of the business’s stock in a transaction on Friday, July 10th. The stock was purchased at an average cost of GBX 99 per share, for a total transaction of £64,350. Also, insider Stuart Paul Neal purchased 106,000 shares of the firm’s stock in a transaction on Wednesday, July 8th. The shares were purchased at an average cost of GBX 95 per share, with a total value of £100,700. 5.90% of the stock is owned by company insiders.

About Boku