Kainos Group PLC -4.6% potential downside indicated by Canaccord Genuity

Kainos Group PLC with ticker (LON:KNOS) now has a potential downside of -4.6% according to Canaccord Genuity.



Canaccord Genuity set a target price of 1,300 GBX for the company, which when compared to the Kainos Group PLC share price of 1,363 GBX at opening today (21/06/2023) indicates a potential downside of -4.6%. Trading has ranged between 987 (52 week low) and 1,760 (52 week high) with an average of 232,251 shares exchanging hands daily. The market capitalisation at the time of writing is £1,644,140,418.

Kainos Group plc is a United Kingdom-based information technology (IT) provider. The Company operates through three divisions, including Digital Services, Workday Services, and Workday Products. The Digital Services division develops and supports custom digital service platforms for public sector, commercial, and healthcare customers. Workday Services division specializes in the deployment of Workday, Inc.’s Finance, HR and Planning products to organizations across Europe and North America. Workday Products division develops products that complement Workday. Its Smart product suite, including Smart Test (for automated testing), Smart Audit (for compliance monitoring), and Smart Shield (for data masking), are used by more than 350 customers globally to safeguard their Workday systems. It serves various industries, including financial services, insurance, education, government and healthcare and life sciences.