Canaccord Genuity Group Reaffirms “Buy” Rating for Boku (LON:BOKU)

Boku (LON:BOKU)‘s stock had its “buy” rating reiterated by investment analysts at Canaccord Genuity Group in a note issued to investors on Wednesday, September 23rd, Digital Look reports. They presently have a GBX 263 price objective on the stock. Canaccord Genuity Group’s price target would indicate a potential upside of 88.44% from the company’s previous close.

Separately, Berenberg Bank increased their target price on shares of Boku from GBX 200 to GBX 210 and gave the stock a “buy” rating in a research report on Wednesday, September 23rd. Three research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average price target of GBX 261.33.

Boku Stock Performance

Shares of BOKU stock traded down GBX 0.44 on Wednesday, hitting GBX 139.56. The company’s stock had a trading volume of 1,807,331 shares, compared to its average volume of 1,282,532. Boku has a fifty-two week low of GBX 90 and a fifty-two week high of GBX 250. The company has a market capitalization of £398.65 million, a PE ratio of 34.89 and a beta of 0.10. The stock’s 50 day moving average is GBX 113.81 and its 200-day moving average is GBX 141.36. The company has a debt-to-equity ratio of 3.43, a quick ratio of 1.38 and a current ratio of 1.26.

Insider Transactions at Boku

In other news, insider Stuart Paul Neal acquired 106,000 shares of the business’s stock in a transaction that occurred on Wednesday, July 8th. The stock was acquired at an average price of GBX 95 per share, with a total value of £100,700. Also, insider Rob Whittick acquired 65,000 shares of Boku 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 owned by insiders.

Boku Company Profile