Kinaxis Inc (KXS) Price Target Raised to C$75.00 at Laurentian
A number of other equities research analysts also recently weighed in on the company. Royal Bank Of Canada raised their price target on Kinaxis from C$52.00 to C$68.00 and gave the stock an outperform rating in a research note on Wednesday, August 3rd. Scotiabank raised their price objective on Kinaxis from C$53.00 to C$63.00 and gave the company a sector perform rating in a research note on Friday, August 5th. National Bank Financial reissued an outperform overweight rating on shares of Kinaxis in a research note on Monday, September 26th. RBC Capital Markets raised their price objective on Kinaxis from C$72.00 to C$82.00 and gave the company an outperform rating in a research note on Friday. Finally, CIBC raised their price objective on Kinaxis from C$52.00 to C$75.00 in a research note on Saturday, August 6th. One research analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. Kinaxis has a consensus rating of Buy and an average target price of C$68.73.
Shares of Kinaxis (TSE:KXS) opened at 65.42 on Monday. The firm has a market capitalization of $1.61 billion and a price-to-earnings ratio of 141.91. Kinaxis has a 52-week low of $32.60 and a 52-week high of $69.85. The company’s 50 day moving average price is $63.88 and its 200 day moving average price is $54.43.
Kinaxis Inc is a provider of cloud-based subscription software for supply chain operations. The Company offers RapidResponse as a collection of cloud-based configurable applications. The Company’s RapidResponse product provides supply chain planning and analytics capabilities that create the foundation for managing multiple, interconnected supply chain management processes, including demand planning, supply planning, inventory management, order fulfillment and capacity planning.
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