Kainos Group’s (KNOS) “Buy” Rating Reiterated at Berenberg Bank

Berenberg Bank reiterated their buy rating on shares of Kainos Group (LON:KNOS) in a research report sent to investors on Tuesday morning,Digital Look reports. The firm currently has a GBX 1,330 price objective on the stock.

KNOS has been the subject of several other research reports. Canaccord Genuity Group increased their price objective on shares of Kainos Group from GBX 1,200 to GBX 1,315 and gave the company a “buy” rating in a research report on Wednesday, August 19th. Deutsche Bank upped 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 report on Tuesday, August 18th. Four research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of GBX 1,343.

Kainos Group Stock Up 1.2%

Kainos Group stock opened at GBX 1,103 on Tuesday. Kainos Group has a one year low of GBX 686 and a one year high of GBX 1,360. The stock has a market cap of £1.27 billion, a PE ratio of 31.42, a price-to-earnings-growth ratio of 2.15 and a beta of 0.87. The company has a debt-to-equity ratio of 6.37, a quick ratio of 1.59 and a current ratio of 1.09. The stock has a fifty day moving average of GBX 1,235.08 and a 200 day moving average of GBX 941.08.

Kainos Group (LON:KNOS) last released its quarterly earnings results on Monday, November 9th. The company reported GBX 27.70 earnings per share (EPS) for the quarter. The business had revenue of £268.80 million during the quarter. Kainos Group had a return on equity of 49.93% and a net margin of 9.74%. As a group, sell-side analysts predict that Kainos Group will post 48.10 EPS for the current year.

About Kainos Group

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.