Kainos Group plc (LON:KNOS – Get Free Report) has earned a consensus recommendation of “Moderate Buy” from the six analysts that are presently covering the stock, Marketbeat.com reports. One analyst has rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 12 month target price among brokerages that have updated their coverage on the stock in the last year is GBX 1,231.17.
A number of analysts recently commented on KNOS shares. Canaccord Genuity Group boosted 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. Deutsche Bank Aktiengesellschaft boosted their price target on Kainos Group from GBX 920 to GBX 1,260 and gave the stock a “hold” rating in a research note on Tuesday. Stifel Nicolaus reaffirmed a “buy” rating and issued a GBX 1,282 price objective on shares of Kainos Group in a research note on Tuesday, April 21st. Finally, Berenberg Bank lifted their price objective on Kainos Group from GBX 1,185 to GBX 1,330 and gave the stock a “buy” rating in a report on Wednesday.
Read Our Latest Stock Report on Kainos Group
Kainos Group Price Performance
Kainos Group (LON:KNOS – Get Free Report) last posted its quarterly earnings results on Monday, May 18th. The company reported GBX 41.60 earnings per share for the quarter. The business had revenue of £431.10 million for the quarter. Kainos Group had a net margin of 9.86% and a return on equity of 41.45%. Analysts forecast that Kainos Group will post 48.0997625 EPS for the current fiscal year.
Insiders Place Their Bets
In other Kainos Group news, insider Richard McCann sold 760,911 shares of the company’s stock in a transaction on Wednesday, July 1st. The stock was sold at an average price of GBX 779, for a total value of £5,927,496.69. Company 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.
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