Kainos Group (LON:KNOS) Given Buy Rating at Berenberg Bank

Berenberg Bank reaffirmed their buy rating on shares of Kainos Group (LON:KNOS - Free Report) in a report issued on Monday morning, MarketBeat Ratings reports. They currently have a GBX 1,025 ($13.63) price objective on the stock.

Several other equities analysts also recently issued reports on the stock. Canaccord Genuity Group reissued a "speculative buy" rating and set a GBX 1,000 ($13.30) price objective on shares of Kainos Group in a research note on Friday, March 14th. Shore Capital restated a "buy" rating on shares of Kainos Group in a report on Friday, February 7th. One research analyst has rated the stock with a hold rating and four have issued a buy rating to the company. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of GBX 1,052.50 ($13.99).

Kainos Group Price Performance

Shares of KNOS traded up GBX 0.50 ($0.01) during mid-day trading on Monday, reaching GBX 702.50 ($9.34). 143,286 shares of the company's stock were exchanged, compared to its average volume of 375,153. Kainos Group has a 52-week low of GBX 580 ($7.71) and a 52-week high of GBX 1,288 ($17.13). The company has a quick ratio of 1.59, a current ratio of 1.81 and a debt-to-equity ratio of 3.76. The company has a 50-day simple moving average of GBX 702.09 and a two-hundred day simple moving average of GBX 770.33. The company has a market cap of £887.33 million, a price-to-earnings ratio of 18.41, a PEG ratio of 2.15 and a beta of 0.79.

About Kainos Group

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.