Kainos Group (LON:KNOS) Receives Buy Rating from Shore Capital

Shore Capital reaffirmed their buy rating on shares of Kainos Group (LON:KNOS) in a report released on Friday,London Stock Exchange reports.

Several other analysts have also weighed in on KNOS. Deutsche Bank Aktiengesellschaft decreased their target price on shares of Kainos Group from GBX 1,235 ($16.08) to GBX 1,185 ($15.43) and set a “buy” rating on the stock in a research report on Tuesday, September 17th. Berenberg Bank reissued a “buy” rating and issued a GBX 1,415 ($18.42) target price on shares of Kainos Group in a report on Friday, October 4th.

Kainos Group Stock Performance

Shares of LON KNOS opened at GBX 795 ($10.35) on Friday. Kainos Group has a one year low of GBX 726 ($9.45) and a one year high of GBX 1,288 ($16.77). The company has a current ratio of 1.81, a quick ratio of 1.59 and a debt-to-equity ratio of 3.76. The business has a fifty day simple moving average of GBX 849.06 and a 200 day simple moving average of GBX 1,000.82. The firm has a market capitalization of £1.00 billion, a price-to-earnings ratio of 2,038.46, a PEG ratio of 2.15 and a beta of 0.79.

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.