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 issued on Monday, Marketbeat Ratings reports.

Several other equities analysts have also issued reports on the company. Deutsche Bank Aktiengesellschaft raised their price target on Kainos Group from GBX 1,050 ($13.87) to GBX 1,235 ($16.31) and gave the stock a hold rating in a research report on Monday, May 20th. Berenberg Bank restated a buy rating and issued a GBX 1,415 ($18.69) target price on shares of Kainos Group in a report on Monday, September 2nd.

Kainos Group Stock Up 3.8 %

Shares of LON:KNOS opened at GBX 909 ($12.01) on Monday. The stock has a market capitalization of £1.14 billion, a P/E ratio of 2,330.77, a price-to-earnings-growth ratio of 2.15 and a beta of 0.79. The stock’s 50-day moving average price is GBX 1,024.94 and its 200-day moving average price is GBX 1,044.38. The company has a current ratio of 1.81, a quick ratio of 1.59 and a debt-to-equity ratio of 3.76. Kainos Group has a 12-month low of GBX 822 ($10.86) and a 12-month high of GBX 1,288 ($17.01).

About Kainos Group

Kainos Group plc provides 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 public sector, commercial, and healthcare customers.