Kainos Group (LON:KNOS) Price Target Cut to GBX 1,185

Kainos Group (LON:KNOS) had its price target decreased by investment analysts at Deutsche Bank Aktiengesellschaft from GBX 1,235 ($16.31) to GBX 1,185 ($15.65) in a note issued to investors on Tuesday, MarketBeat.com reports. The firm currently has a “buy” rating on the stock. Deutsche Bank Aktiengesellschaft’s price objective points to a potential upside of 35.27% from the stock’s current price.

Several other equities research analysts have also recently weighed in on KNOS. Berenberg Bank reiterated a “buy” rating and issued a GBX 1,415 ($18.69) target price on shares of Kainos Group in a research note on Monday, September 2nd. Shore Capital reiterated a “buy” rating on shares of Kainos Group in a research note on Monday.

Kainos Group Stock Down 0.5 %

LON KNOS opened at GBX 876 ($11.57) on Tuesday. The company has a debt-to-equity ratio of 3.76, a quick ratio of 1.59 and a current ratio of 1.81. The firm has a 50-day simple moving average of GBX 1,028 and a 200 day simple moving average of GBX 1,045.34. Kainos Group has a twelve month low of GBX 822 ($10.86) and a twelve month high of GBX 1,288 ($17.01). The stock has a market cap of £1.10 billion, a PE ratio of 2,246.15, a PEG ratio of 2.15 and a beta of 0.79.

Kainos Group Company Profile

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.