Kainos Group (LON:KNOS) Sets New 12-Month High - Should You Buy?

Shares of Kainos Group plc (LON:KNOS - Get Free Report) hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as GBX 1,064 and last traded at GBX 1,064, with a volume of 25151 shares. The stock had previously closed at GBX 1,056.Analysts Set New Price TargetsSeveral brokerages have weighed in on KNOS. Berenberg Bank lifted their target price on Kainos Group from GBX 1,025 to GBX 1,185 and gave the company a "buy" rating in a research note on Tuesday, November 11th. Canaccord Genuity Group upgraded shares of Kainos Group to a "buy" rating and lifted their price objective for the company from GBX 1,000 to GBX 1,500 in a research note on Tuesday, November 11th. Shore Capital reiterated a "buy" rating and issued a GBX 1,100 target price on shares of Kainos Group in a research report on Tuesday, November 11th. Finally, Peel Hunt restated an "add" rating and set a GBX 1,100 price target on shares of Kainos Group in a research report on Monday, November 10th. Four equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock has a consensus rating of "Buy" and an average target price of GBX 1,221.25.Get Our Latest Analysis on Kainos GroupKainos Group Price PerformanceThe company has a 50 day moving average of GBX 958.84 and a two-hundred day moving average of GBX 825.20. The firm has a market cap of £1.25 billion, a P/E ratio of 37.49, a PEG ratio of 2.15 and a beta of 0.79. The company has a quick ratio of 1.59, a current ratio of 1.81 and a debt-to-equity ratio of 3.76. Kainos Group (LON:KNOS - Get Free Report) last issued its quarterly earnings results on Monday, November 10th. The company reported GBX 19.30 EPS for the quarter. Kainos Group had a net margin of 12.74% and a return on equity of 33.12%. Sell-side analysts expect that Kainos Group plc will post 48.0997625 EPS for the current year. About Kainos Group (Get Free Report)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.Featured ArticlesFive stocks we like better than Kainos GroupWhat is the NASDAQ Stock Exchange?Wall Street’s Sleeping Giant: Is Amazon About to Wake Up?How to Effectively Use the MarketBeat Ratings ScreenerCheckmate in the Cloud: ServiceNow's Shopping SpreeHow to Invest in the Best Canadian Stocks The Contrarian Case for MSTR Amid MSCI Delisting DebacleThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Kainos Group Right Now?Before you consider Kainos Group, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Kainos Group wasn't on the list.While Kainos Group currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here