Kainos Group plc (LON:KNOS) Given Consensus Recommendation of “Moderate Buy” by Analysts

Shares of Kainos Group plc (LON:KNOS) have been given a consensus recommendation of “Moderate Buy” by the six analysts that are currently covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 1-year price target among brokerages that have covered the stock in the last year is GBX 1,231.17.

KNOS has been the subject of a number of research analyst reports. Canaccord Genuity Group raised their price objective on shares of Kainos Group from GBX 1,200 to GBX 1,315 and gave the stock a “buy” rating in a report on Wednesday, August 19th. Deutsche Bank Aktiengesellschaft increased their target price on shares of Kainos Group from GBX 920 to GBX 1,260 and gave the company a “hold” rating in a research report on Tuesday, August 18th. Finally, Berenberg Bank raised their price target on shares of Kainos Group from GBX 1,185 to GBX 1,330 and gave the stock a “buy” rating in a research note on Wednesday, August 19th.

Kainos Group Trading Down 0.1%

LON KNOS opened at GBX 1,229 on Wednesday. The business’s fifty day moving average is GBX 881.75 and its 200-day moving average is GBX 822.27. The company has a debt-to-equity ratio of 6.11, a current ratio of 1.17 and a quick ratio of 1.59. The stock has a market capitalization of £1.42 billion, a price-to-earnings ratio of 35.01, a PEG ratio of 2.15 and a beta of 0.83. Kainos Group has a one year low of GBX 686 and a one year high of GBX 1,294.

Insider Buying and Selling

In other Kainos Group news, insider Richard McCann sold 760,911 shares of the stock in a transaction on Wednesday, July 1st. The stock was sold at an average price of GBX 779, for a total transaction of £5,927,496.69. Insiders own 19.72% of the company’s stock.

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. 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.