Other research analysts have also issued research reports about the company. RBC Capital Markets lifted their price target on Kinaxis from C$68.00 to C$72.00 in a research report on Saturday, August 6th. CIBC lifted their price target on Kinaxis from C$52.00 to C$75.00 in a research report on Saturday, August 6th. Canaccord Genuity lifted their price target on Kinaxis from C$52.00 to C$70.00 and gave the stock a buy rating in a research report on Saturday, August 6th. Royal Bank Of Canada lifted their price target on Kinaxis from C$52.00 to C$68.00 and gave the stock an outperform rating in a research report on Wednesday, August 3rd. Finally, Scotiabank reaffirmed an outperform rating and set a C$53.00 price target on shares of Kinaxis in a research report on Friday, June 17th. One research analyst has rated the stock with a hold rating and five have given a buy rating to the stock. The stock presently has a consensus rating of Buy and an average price target of C$62.95.
Kinaxis (TSE:KXS) opened at 66.17 on Monday. The company has a 50-day moving average price of $61.88 and a 200 day moving average price of $51.88. Kinaxis has a 1-year low of $32.60 and a 1-year high of $67.91. The firm has a market capitalization of $1.63 billion and a P/E ratio of 143.54.
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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