Canaccord Genuity Group Reiterates “Buy” Rating for Boku (LON:BOKU)

Boku (LON:BOKU)‘s stock had its “buy” rating reaffirmed by equities researchers at Canaccord Genuity Group in a research note issued to investors on Wednesday, Digital Look reports. They currently have a GBX 263 price target on the stock. Canaccord Genuity Group’s price objective points to a potential upside of 103.39% from the stock’s current price.

Separately, Berenberg Bank lifted their target price on Boku from GBX 200 to GBX 210 and gave the stock a “buy” rating in a report on Wednesday. Four analysts have rated the stock with a Buy rating, According to MarketBeat.com, Boku has an average rating of “Buy” and a consensus price target of GBX 273.

Boku Stock Up 5.1%

Boku stock opened at GBX 129.31 on Wednesday. The business’s 50-day simple moving average is GBX 110.33 and its two-hundred day simple moving average is GBX 142.83. The company has a debt-to-equity ratio of 3.55, a quick ratio of 1.38 and a current ratio of 1.28. The company has a market cap of £369.36 million, a PE ratio of 32.33 and a beta of 0.10. Boku has a fifty-two week low of GBX 90 and a fifty-two week high of GBX 250.

Insider Transactions at Boku

In other Boku news, insider Rob Whittick purchased 65,000 shares of the business’s stock in a transaction that occurred on Friday, July 10th. The stock was purchased at an average price of GBX 99 per share, for a total transaction of £64,350. Also, insider Stuart Paul Neal purchased 106,000 shares of Boku stock in a transaction that occurred on Wednesday, July 8th. The stock was acquired 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.

Boku Company Profile