Berenberg lowers target price on Kainos

16th Apr 2024 11:10

(Sharecast News) - Analysts at Berenberg lowered their target price on software company Kainos from 1,315.0p to 1,260.0p on Tuesday following the group's full-year trading update on 15 April.

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London close: Stocks slip on renewed geopolitical tensions

15th Apr 2024 15:39

(Sharecast News) - London's equity markets markets experienced a downturn on Monday, with losses particularly notable in the mining and oil sectors, as investors remained cautious amid to escalating geopolitical tensions in the Middle East.

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Kainos profit before tax set to meet expectations

15th Apr 2024 08:08

(Sharecast News) - Digital services and IT provider Kainos Group said in an update on Monday that it expected solid revenue growth and robust growth in adjusted profit before tax for the financial year just ended.

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London close: Stocks finish higher on raft of global data

30th Jan 2024 16:00

(Sharecast News) - London's stock markets managed modest gains on Tuesday, driven by the news that the eurozone had narrowly avoided a recession.

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Berenberg reinitiates coverage of Kainos at 'buy', shares jump

30th Jan 2024 08:14

(Sharecast News) - Software company Kainos jumped on Tuesday as Berenberg re-initiated coverage of the shares with a 'buy' rating and 1,315p price target, citing an attractive entry point.

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London close: Stocks firmer ahead of key inflation readings

13th Nov 2023 14:33

(Sharecast News) - London markets closed in a resilient state on Monday, maintaining positive momentum from the end of last week after solid gains on Wall Street on Friday.

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Kainos first-half profits, revenues grow

13th Nov 2023 07:29

(Sharecast News) - Kainos posted a jump in first-half profit and revenue on Monday as it hailed continued strong growth across its key business areas, but bookings and healthcare revenues fell.

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Kainos on track to hit forecasts after solid first half

31st Aug 2023 07:16

(Sharecast News) - Belfast-based IT services group Kainos has announced that full-year results are still expected to meet consensus forecasts despite an uncertain trading environment.

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Kainos buys RapidIT-Cloudbera for undisclosed sum

3rd Jul 2023 07:24

(Sharecast News) - UK IT group Kainos said it had bought US-based RapidIT-Cloudbera for an undisclosed sum.

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Kainos boss to step down after 22 years

19th Jun 2023 07:31

(Sharecast News) - Kainos slumped on Monday after the software firm said that chief executive officer Brendan Mooney will step down after 22 years in the top job and 34 years at the company.

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Kainos FY profits, revenue rise amid 'robust' demand

22nd May 2023 07:51

(Sharecast News) - Software firm Kainos reported a jump in full-year profit and revenue on Monday amid "robust" underlying demand.

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Kainos sees FY results in line with consensus forecasts

19th Apr 2023 08:01

(Sharecast News) - Software company Kainos said on Wednesday that results for the year to the end of March were set to be line with consensus forecasts as trading has remained "very strong" across all three divisions.

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Berenberg lifts Kainos to 'buy' after 'strong' results

16th Nov 2022 08:19

(Sharecast News) - Berenberg upgraded software firm Kainos on Wednesday to 'buy' from 'hold' and hiked the price target to 1,700p from 1,200p following the company's "strong" first-half results.

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Canaccord Genuity raises target price on Kainos

14th Nov 2022 10:04

(Sharecast News) - Analysts at Canaccord Genuity raised their target price on software firm Kainos from 1,350.0p to 1,525.0p on Monday, stating the group was "not slowing down".

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Kainos hails strong demand as H1 profits, revenue grow

14th Nov 2022 07:15

(Sharecast News) - IT provider Kainos posted a jump in first-half profit and revenue on Monday as it hailed strong underlying demand.

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