Boku (LON:BOKU) Stock Keeps Buy Rating at Canaccord Genuity Group

Boku (LON:BOKU)‘s stock had its “buy” rating restated by investment analysts at Canaccord Genuity Group in a report released on Wednesday, Digital Look reports. They presently have a GBX 263 price objective on the stock. Canaccord Genuity Group’s price target suggests a potential upside of 94.81% from the company’s previous close.

Separately, Berenberg Bank lifted their target price on Boku from GBX 200 to GBX 210 and gave the stock a “buy” rating in a research note on Wednesday. Four investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, Boku has a consensus rating of “Buy” and a consensus price target of GBX 273.

Boku Stock Up 4.7%

Shares of LON:BOKU opened at GBX 135 on Wednesday. The company has a quick ratio of 1.38, a current ratio of 1.26 and a debt-to-equity ratio of 3.43. The firm has a market cap of £385.62 million, a P/E ratio of 33.75 and a beta of 0.10. Boku has a 12 month low of GBX 90 and a 12 month high of GBX 250. The company’s 50-day moving average price is GBX 112.29 and its two-hundred day moving average price is GBX 142.08.

Insider Activity at Boku

In related news, insider Stuart Paul Neal acquired 106,000 shares of the business’s stock in a transaction on Wednesday, July 8th. The stock was acquired at an average cost of GBX 95 per share, with a total value of £100,700. Also, insider Rob Whittick acquired 65,000 shares of the business’s stock in a transaction on Friday, July 10th. The shares were purchased at an average price of GBX 99 per share, for a total transaction of £64,350. 5.90% of the stock is currently owned by insiders.

About Boku