Kooth (LON:KOO) Given New GBX 430 Price Target at Canaccord Genuity Group

Kooth (LON:KOO) had its price target lowered by Canaccord Genuity Group from GBX 490 to GBX 430 in a report released on Tuesday, MarketBeat reports. The firm currently has a buy rating on the stock.

Separately, Berenberg Bank raised their price target on shares of Kooth from GBX 260 to GBX 300 and gave the stock a “buy” rating in a report on Tuesday. Two analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Kooth has an average rating of “Buy” and a consensus target price of GBX 365.

Kooth Price Performance

Shares of LON KOO opened at GBX 142.50 on Tuesday. The company has a 50 day simple moving average of GBX 158.65 and a 200-day simple moving average of GBX 156.65. The company has a market capitalization of £51.09 million, a P/E ratio of 678.57 and a beta of 0.71. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.19 and a quick ratio of 2.36. Kooth has a 1 year low of GBX 120 and a 1 year high of GBX 326.

Kooth (LON:KOO) last announced its quarterly earnings results on Tuesday, September 23rd. The company reported GBX (0.03) earnings per share (EPS) for the quarter. Kooth had a return on equity of 18.59% and a net margin of 7.89%. On average, equities research analysts predict that Kooth will post 12.9798903 earnings per share for the current year.

About Kooth

At Kooth, our sole purpose is to create easy-to-access online mental health services that work alongside you to provide compassionate and effective support.