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

Kainos Group plc (LON:KNOS) has been assigned a consensus rating of “Moderate Buy” from the six ratings firms that are currently covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is GBX 1,231.17.

Several equities research analysts have recently issued reports on KNOS shares. Canaccord Genuity Group increased their price objective on shares of Kainos Group from GBX 1,200 to GBX 1,315 and gave the stock a “buy” rating in a research report on Wednesday, August 19th. 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 note on Tuesday, August 18th. Finally, Berenberg Bank lifted their target price on shares of Kainos Group from GBX 1,185 to GBX 1,330 and gave the company a “buy” rating in a report on Wednesday, August 19th.

Kainos Group Stock Up 0.5%

KNOS opened at GBX 1,272 on Monday. Kainos Group has a 1 year low of GBX 686 and a 1 year high of GBX 1,360. The firm has a 50 day moving average price of GBX 1,246.44 and a 200 day moving average price of GBX 935.53. The company has a debt-to-equity ratio of 6.11, a quick ratio of 1.59 and a current ratio of 1.17. The company has a market cap of £1.47 billion, a PE ratio of 36.24, 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.