Canaccord Genuity Group Reaffirms Buy Rating for Knights Group (LON:KGH)

Knights Group (LON:KGH)‘s stock had its “buy” rating reiterated by research analysts at Canaccord Genuity Group in a note issued to investors on Monday,Digital Look reports. They currently have a GBX 355 target price on the stock. Canaccord Genuity Group’s price objective indicates a potential upside of 99.57% from the company’s current price.

Several other research firms also recently issued reports on KGH. Stifel Nicolaus reaffirmed a “buy” rating and set a GBX 220 price objective on shares of Knights Group in a report on Wednesday, May 20th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 210 target price on shares of Knights Group in a research note on Thursday, May 21st. Three investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average target price of GBX 261.67.

Knights Group Price Performance

KGH opened at GBX 177.88 on Monday. The company has a debt-to-equity ratio of 136.39, a current ratio of 2.53 and a quick ratio of 2.10. The stock has a market capitalization of £152.92 million, a P/E ratio of 141.18 and a beta of 1.46. The company’s 50 day simple moving average is GBX 176.54 and its 200-day simple moving average is GBX 174.92. Knights Group has a one year low of GBX 144.85 and a one year high of GBX 213.

About Knights Group

Knights Group Holdings plc provides legal and professional services in the United Kingdom. The company offers business services comprising of banking, commercial, corporate, data protection, debt advisory , dispute resolution, and housing and regeneration. It also offers services in the areas of immigration, licensing and gambling, and employment. In addition, the company provides personal services in the areas of agriculture, charities, conveyancing, family, landed estates, planning, professional discipline, tax and trusts, and wills and estates.