Deutsche Bank Aktiengesellschaft Lowers Kainos Group (LON:KNOS) Price Target to GBX 1,185

Kainos Group (LON:KNOS) had its target price dropped by analysts at Deutsche Bank Aktiengesellschaft from GBX 1,235 ($16.31) to GBX 1,185 ($15.65) in a research report issued to clients and investors on Tuesday, Marketbeat Ratings reports. The brokerage currently has a “buy” rating on the stock. Deutsche Bank Aktiengesellschaft’s price target would suggest a potential upside of 35.27% from the company’s current price.

KNOS has been the topic of several other research reports. Shore Capital restated a “buy” rating on shares of Kainos Group in a report on Monday. Berenberg Bank restated a “buy” rating and set a GBX 1,415 ($18.69) target price on shares of Kainos Group in a report on Monday, September 2nd.

Kainos Group Stock Down 0.5 %

Shares of KNOS opened at GBX 876 ($11.57) on Tuesday. The company has a market capitalization of £1.10 billion, a P/E ratio of 2,246.15, a PEG ratio of 2.15 and a beta of 0.79. The company has a debt-to-equity ratio of 3.76, a current ratio of 1.81 and a quick ratio of 1.59. Kainos Group has a one year low of GBX 822 ($10.86) and a one year high of GBX 1,288 ($17.01). The business’s 50 day simple moving average is GBX 1,028 and its 200-day simple moving average is GBX 1,045.34.

About Kainos Group

Kainos Group plc provides 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 public sector, commercial, and healthcare customers.