Kainos Group PLC -6.7% potential downside indicated by Canaccord Genuity

Kainos Group PLC with ticker (LON:KNOS) now has a potential downside of -6.7% according to Canaccord Genuity.



Canaccord Genuity set a target price of 1,000 GBX for the company, which when compared to the Kainos Group PLC share price of 1,072 GBX at opening today (17/05/2024) indicates a potential downside of -6.7%. Trading has ranged between 901 (52 week low) and 1,421 (52 week high) with an average of 370,276 shares exchanging hands daily. The market capitalisation at the time of writing is £1,351,314,318.

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. Its services include digital advisory, cloud and engineering, data, and artificial intelligence (AI), low code, service and experience design, and managed services. 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, Smart Audit, and Smart Shield, are used by more than 350 customers globally to safeguard their Workday systems. It serves various industries, including insurance, payments, education, government, healthcare, and others.