Kainos Group (LON:KNOS) Given New GBX 1,260 Price Target at Deutsche Bank Aktiengesellschaft

Kainos Group (LON:KNOS) had its price objective raised by Deutsche Bank Aktiengesellschaft from GBX 920 to GBX 1,260 in a research note published on Tuesday,Digital Look reports. Deutsche Bank Aktiengesellschaft currently has a hold rating on the stock.

KNOS has been the topic of several other reports. Stifel Nicolaus reaffirmed a “buy” rating and set a GBX 1,282 target price on shares of Kainos Group in a report on Tuesday, April 21st. Canaccord Genuity Group increased their price target on Kainos Group from GBX 1,200 to GBX 1,315 and gave the company a “buy” rating in a research note on Wednesday. Shore Capital Group restated a “buy” rating on shares of Kainos Group in a research report on Monday, April 20th. Finally, Berenberg Bank lifted their price objective on Kainos Group from GBX 1,185 to GBX 1,330 and gave the stock a “buy” rating in a research note on Wednesday. Five investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of GBX 1,231.17.

Kainos Group Trading Up 3.3%

Shares of LON KNOS opened at GBX 1,225 on Tuesday. The firm has a 50 day moving average price of GBX 839.35 and a two-hundred day moving average price of GBX 809.11. The stock has a market cap of £1.41 billion, a P/E ratio of 34.90, a price-to-earnings-growth ratio of 2.15 and a beta of 0.83. Kainos Group has a 52-week low of GBX 686 and a 52-week high of GBX 1,225. The company has a debt-to-equity ratio of 6.11, a quick ratio of 1.59 and a current ratio of 1.17.

Kainos Group (LON:KNOS) last issued its quarterly earnings results on Monday, May 18th. The company reported GBX 41.60 EPS for the quarter. The company had revenue of £431.10 million for the quarter. Kainos Group had a net margin of 9.86% and a return on equity of 41.45%. As a group, equities analysts forecast that Kainos Group will post 48.0997625 EPS for the current year.

Insiders Place Their Bets

In other news, insider Richard McCann sold 760,911 shares of the company’s stock in a transaction that occurred on Wednesday, July 1st. The stock was sold at an average price of GBX 779, for a total value of £5,927,496.69. Company insiders own 19.72% of the company’s stock.

Kainos Group Company Profile

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.