Kainos Group (LON:KNOS) PT Raised to GBX 1,330

Kainos Group (LON:KNOS – Get Rating) had its price target raised by Canaccord Genuity Group from GBX 1,270 ($15.80) to GBX 1,330 ($16.54) in a research note published on Tuesday morning, MarketBeat reports. Canaccord Genuity Group currently has a hold rating on the stock.

Several other research analysts also recently commented on the company. Numis Securities reissued a hold rating and issued a GBX 1,560 ($19.40) target price on shares of Kainos Group in a report on Monday. Shore Capital reissued a buy rating on shares of Kainos Group in a report on Monday. Finally, Goodbody raised shares of Kainos Group to a buy rating and set a GBX 1,344 ($16.72) price target for the company in a report on Thursday, March 16th. Two investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat, Kainos Group presently has an average rating of Moderate Buy and an average target price of GBX 1,483.50 ($18.45).

Kainos Group Trading Down 0.5 %

Shares of Kainos Group stock opened at GBX 1,292 ($16.07) on Tuesday. Kainos Group has a 12-month low of GBX 954.50 ($11.87) and a 12-month high of GBX 1,760 ($21.89). The stock has a market capitalization of £1.61 billion, a P/E ratio of 4,306.67, a price-to-earnings-growth ratio of 2.15 and a beta of 0.83. The company has a 50-day simple moving average of GBX 1,297.33 and a 200 day simple moving average of GBX 1,429.14. The company has a quick ratio of 1.59, a current ratio of 1.63 and a debt-to-equity ratio of 2.22.

Kainos Group Increases Dividend

The business also recently disclosed a dividend, which will be paid on Friday, October 20th. Investors of record on Thursday, September 28th will be issued a GBX 16.10 ($0.20) dividend. This represents a yield of 1.32%. The ex-dividend date is Thursday, September 28th. This is an increase from Kainos Group’s previous dividend of $7.80. Kainos Group’s dividend payout ratio is currently 7,666.67%.

Kainos Group Company Profile

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Kainos Group plc provides digital technology services in the United Kingdom. It operates through two divisions, Digital Services and Workday Practice. The Digital Services division includes lifecycle development of customized digital services for public, commercial sectors, and healthcare organizations.