DNB Markets downgrades Kahoot! ASA (OTCMKTS: KHOTF) to hold

DNB Markets has downgraded the shares of Kahoot! LIKE A (OTCMKTS: KHOTFGet a rating) from a buy rating to a hold rating in a research note released on Friday, Fly reports.

KHOTF has been the subject of several other reports. Nordea Equity Research has downgraded shares of Kahoot! ASA from a buy rating to a hold rating in a Thursday, May 5 report. JPMorgan Chase & Co. has lowered its price target on Kahoot shares! ASA from 40.00 to 37.00 and set an overweight rating for the company in a Tuesday May 3 report. Finally, Kepler Capital Markets downgraded shares of Kahoot! ASA from a buy rating to a hold rating in a report on Monday, February 28. Three investment analysts gave the stock a hold rating and three gave the company a buy rating. According to data from MarketBeat, the stock currently has a Moderate Buy consensus rating and a consensus target price of $39.00.

Shares of OTCMKTS: KHOTF opened at $1.94 on Friday. The company has a fifty-day moving average price of $2.43 and a two-hundred-day moving average price of $3.31. Kahoot! ASA has a one-year low of $1.75 and a one-year high of $8.76.

About Kahoot! LIKE A (Get a rating)

Kahoot! ASA operates a game-based learning platform in the United States, Canada, Europe, Asia-Pacific, Latin America and the Caribbean, Africa, the Middle East, and India. The company’s platforms help 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 application for learning mathematics; and Kahoot! The Poio Read application, which allows children to learn to read while playing.

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