Kainos Group plc (LON:KNOS) Stock Has Average Target Price of GBX 1,231.17

Shares of Kainos Group plc (LON:KNOS) have received an average recommendation of “Moderate Buy” from the six ratings firms that are covering the stock, Marketbeat Ratings reports. One equities research analyst has rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 12 month price target among brokers that have covered the stock in the last year is GBX 1,231.17.

A number of equities research analysts have recently issued reports on KNOS shares. Deutsche Bank Aktiengesellschaft boosted their price target on shares of Kainos Group from GBX 920 to GBX 1,260 and gave the company a “hold” rating in a research note on Tuesday, August 18th. Berenberg Bank lifted their target price on Kainos Group from GBX 1,185 to GBX 1,330 and gave the stock a “buy” rating in a research report on Wednesday, August 19th. Finally, Canaccord Genuity Group upped their price target on shares of Kainos Group from GBX 1,200 to GBX 1,315 and gave the company a “buy” rating in a research report on Wednesday, August 19th.

Kainos Group Trading Up 0.3%

KNOS stock opened at GBX 1,237 on Thursday. The firm has a market cap of £1.43 billion, a PE ratio of 35.24, a price-to-earnings-growth ratio of 2.15 and a beta of 0.87. Kainos Group has a fifty-two week low of GBX 686 and a fifty-two week high of GBX 1,294. The firm has a fifty day moving average price of GBX 1,157.01 and a 200 day moving average price of GBX 931.09. 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 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.