Kooth (LON:KOO) Price Target Cut to GBX 490 by Analysts at Canaccord Genuity Group

Kooth (LON:KOO - Get Free Report) had its price objective lowered by equities researchers at Canaccord Genuity Group from GBX 580 ($7.71) to GBX 490 ($6.52) in a report issued on Tuesday, MarketBeat Ratings reports. The brokerage currently has a "buy" rating on the stock. Canaccord Genuity Group's price objective points to a potential upside of 229.12% from the stock's current price.

Separately, Berenberg Bank reissued a "buy" rating and issued a GBX 300 ($3.99) target price on shares of Kooth in a research report on Tuesday.

Kooth Stock Up 2.7 %

Kooth stock traded up GBX 3.88 ($0.05) during trading hours on Tuesday, hitting GBX 148.88 ($1.98). The company had a trading volume of 29,058 shares, compared to its average volume of 102,576. Kooth has a fifty-two week low of GBX 120 ($1.60) and a fifty-two week high of GBX 354 ($4.71). The company has a debt-to-equity ratio of 0.13, a current ratio of 2.19 and a quick ratio of 2.36. The firm has a market capitalization of £54.64 million, a P/E ratio of 13.99 and a beta of 0.71. The firm's fifty day moving average is GBX 142.80 and its 200-day moving average is GBX 173.40.

Kooth (LON:KOO - Get Free Report) last released its quarterly earnings data on Tuesday, April 15th. The company reported GBX 22 ($0.29) earnings per share (EPS) for the quarter. Kooth had a return on equity of 18.59% and a net margin of 7.89%. On average, research analysts forecast that Kooth will post 12.9798903 earnings per share for the current year.

About Kooth

At Kooth, our sole purpose is to create easy-to-access online mental health services that work alongside you to provide compassionate and effective support.