Canaccord Genuity Group Reiterates “Buy” Rating for Knights Group (LON:KGH)

Knights Group (LON:KGH)‘s stock had its “buy” rating reissued by equities researchers at Canaccord Genuity Group in a note issued to investors on Friday,London Stock Exchange reports. They presently have a GBX 355 price target on the stock. Canaccord Genuity Group’s price objective suggests a potential upside of 97.77% from the company’s current price.

Several other equities research analysts have also recently commented on KGH. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a GBX 210 target price on shares of Knights Group in a research note on Thursday, May 21st. Stifel Nicolaus reissued a “buy” rating and issued a GBX 220 price target on shares of Knights Group in a research note on Wednesday, May 20th. Three analysts have rated the stock with a Buy rating, According to MarketBeat.com, Knights Group has a consensus rating of “Buy” and an average target price of GBX 261.67.

Knights Group Stock Up 3.8%

Shares of LON KGH opened at GBX 179.50 on Friday. The company has a market capitalization of £154.31 million, a P/E ratio of 34.45 and a beta of 1.47. Knights Group has a 52-week low of GBX 144.85 and a 52-week high of GBX 213. The company has a debt-to-equity ratio of 116.67, a quick ratio of 2.10 and a current ratio of 2.26. The company’s 50 day moving average price is GBX 182.14 and its 200-day moving average price is GBX 175.60.

Knights Group (LON:KGH) last posted its quarterly earnings data on Monday, July 6th. The company reported GBX 28.14 earnings per share for the quarter. Knights Group had a net margin of 2.28% and a return on equity of 4.58%. Equities analysts forecast that Knights Group will post 22.0875439 earnings per share for the current year.

Knights Group Company Profile

Knights Group Holdings plc provides legal and professional services in the United Kingdom. The company offers business services comprising of banking, commercial, corporate, data protection, debt advisory , dispute resolution, and housing and regeneration. It also offers services in the areas of immigration, licensing and gambling, and employment. In addition, the company provides personal services in the areas of agriculture, charities, conveyancing, family, landed estates, planning, professional discipline, tax and trusts, and wills and estates.