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Kahoot! ASA (OTCMKTS:KHOTF) Receives Average Recommendation of "Hold" From Analysts

Financial News Live ·  Aug 29, 2022 15:51

Shares of Kahoot! ASA (OTCMKTS:KHOTF – Get Rating) have been assigned a consensus rating of "Hold" from the six brokerages that are currently covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, two have given a hold rating and three have given a buy rating to the company. The average 1-year price objective among analysts that have issued ratings on the stock in the last year is $37.00.

A number of equities analysts have recently issued reports on KHOTF shares. JPMorgan Chase & Co. dropped their price objective on shares of Kahoot! ASA from 40.00 to 37.00 and set an "overweight" rating for the company in a research note on Tuesday, May 3rd. Nordea Equity Research cut shares of Kahoot! ASA from a "buy" rating to a "hold" rating in a research report on Thursday, May 5th. Finally, DNB Markets cut shares of Kahoot! ASA from a "hold" rating to a "sell" rating in a research report on Friday, August 12th.

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Kahoot! ASA Stock Performance

Shares of KHOTF stock opened at $1.90 on Monday. Kahoot! ASA has a 52-week low of $1.70 and a 52-week high of $8.76. The firm has a fifty day moving average of $2.13 and a 200-day moving average of $2.56.

Kahoot! ASA Company Profile

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Kahoot! ASA operates a game-based learning platform in the United States, Canada, Europe, the Asia Pacific, the Latin America and the Caribbean, Africa, the Middle East, and India. The company's platforms help to create, share, and host learning sessions. It offers Kahoot! Learning platform for learning and engagement services; employee engagement and learning platforms, such as Actimo and Motimate; Drops, a language learning app for visuals and play; Kahoot! DragonBox app for math learning; and Kahoot! Poio Read app, which empowers children to learn to read through play.

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