Upbeat broker recommendations for Knights Group
The Knights Group (LON:KGH) share price has risen by 4.89% over the past month and it’s currently trading at 389.82. For investors considering whether to buy, hold or sell the stock, the question now is whether this price run will continue.
According to the company’s analysts, there are certainly reasons to think it will continue to perform well in the year ahead. In terms of trading recommendations, Knights Group currently has:
- 1 Buy recommendations
- 1 Hold recommendations
- 0 Sell recommendations
This suggests that analysts are generally positive about the outlook.
Looking behind the broker forecasts
At its current price of 389.82, shares in Knights Group are trading at a discount of -22.7% to its 52 week high price. The 1-year performance of the shares has been 45.7%.
While analyst forecasts can be a useful guide to what City 'experts' think about a stock's near term future, they can be unreliable. To get a better idea about the strengths and weaknesses of Knights Group it's worth doing some investigation yourself.
While analyst forecasts can be a useful guide to what City 'experts' think about a stock's near term future, they can be unreliable. To get a better idea about the strengths and weaknesses of Knights group it's worth doing some investigation yourself. Indeed, we've identified some areas of concern with Knights group that you can find out about here.
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