Kooth’s (KOO) Buy Rating Reiterated at Stifel Nicolaus

Kooth (LON:KOO)‘s stock had its “buy” rating restated by Stifel Nicolaus in a research note issued on Tuesday,Digital Look reports. They presently have a GBX 360 target price on the stock. Stifel Nicolaus’ target price would indicate a potential upside of 155.12% from the company’s previous close.

Separately, Canaccord Genuity Group reissued a “buy” rating and issued a GBX 330 target price on shares of Kooth in a report on Wednesday, April 8th. Three investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock has an average rating of “Buy” and an average price target of GBX 330.

Kooth Stock Performance

Shares of LON KOO traded down GBX 2.89 during mid-day trading on Tuesday, hitting GBX 141.11. 29,000 shares of the stock traded hands, compared to its average volume of 116,847. Kooth has a 52 week low of GBX 96 and a 52 week high of GBX 200. The company has a market cap of £51.18 million, a price-to-earnings ratio of 17.64 and a beta of 1.17. The stock has a fifty day moving average price of GBX 117.63 and a 200-day moving average price of GBX 122.57.

Kooth (LON:KOO) last released its quarterly earnings results on Wednesday, April 8th. The company reported GBX 0.07 earnings per share for the quarter. Kooth had a return on equity of 8.84% and a net margin of 4.12%.The company had revenue of GBX 6,329 million for the quarter. As a group, sell-side analysts predict that Kooth will post 12.9798903 EPS for the current fiscal 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.