Kooth’s (KOO) “Buy” Rating Reaffirmed at Berenberg Bank

Berenberg Bank reaffirmed their buy rating on shares of Kooth (LON:KOO) in a report issued on Tuesday, Marketbeat reports. The brokerage currently has a GBX 590 ($7.79) price target on the stock.

Separately, Canaccord Genuity Group reissued a buy rating and set a GBX 580 ($7.66) price target on shares of Kooth in a report on Tuesday.

Kooth Stock Down 1.5 %

Shares of KOO opened at GBX 339 ($4.48) on Tuesday. The firm has a 50 day simple moving average of GBX 315.96 and a two-hundred day simple moving average of GBX 298.60. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.86 and a quick ratio of 2.36. Kooth has a one year low of GBX 254 ($3.36) and a one year high of GBX 354 ($4.68). The company has a market cap of £123.67 million, a P/E ratio of 2,833.33 and a beta of 0.71.

About Kooth

Kooth plc, together with its subsidiaries, provides digital mental health services to children, young people, and adults in the United Kingdom. It operates online platforms that offers various therapeutic support and interventions, including anonymous and personalised mental health support; and a community with a library of peer and professional created content, as well as provides online counselling, coaching, and support services under the Kooth, Qwell, and Soluna names.