Shore Capital Reiterates “Buy” Rating for Kainos Group (LON:KNOS)

Kainos Group (LON:KNOS)‘s stock had its “buy” rating restated by equities researchers at Shore Capital in a note issued to investors on Monday, February 4th.

Separately, Canaccord Genuity boosted their target price on shares of Kainos Group from GBX 455 ($5.95) to GBX 520 ($6.79) and gave the stock a “buy” rating in a report on Friday, February 1st.

Shares of LON:KNOS traded up GBX 7 ($0.09) during midday trading on Monday, hitting GBX 500 ($6.53). The stock had a trading volume of 117,166 shares, compared to its average volume of 42,606. Kainos Group has a fifty-two week low of GBX 214.25 ($2.80) and a fifty-two week high of GBX 405 ($5.29).

In other news, insider Richard McCann acquired 460 shares of Kainos Group stock in a transaction dated Tuesday, December 4th. The shares were bought at an average cost of GBX 423 ($5.53) per share, with a total value of £1,945.80 ($2,542.53).

Kainos Group Company Profile

Kainos Group plc provides digital technology services and platforms for public and private organizations worldwide. The company operates through two divisions, Digital Services and Digital Platforms. The Digital Services division delivers customized online digital solutions, principally for central, regional, and local government departments and agencies, as well as for commercial sector organizations.

Further Reading: Quiet Period

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