Kinaxis Inc (TSE:KXS) has been given an average rating of “Buy” by the twelve brokerages that are currently covering the stock. One analyst has rated the stock with a hold rating and six have given a buy rating to the company. The average 12-month target price among brokers that have covered the stock in the last year is C$71.27.
Several analysts have commented on KXS shares. Royal Bank Of Canada reiterated an “outperform” rating and set a C$82.00 target price on shares of Kinaxis in a research note on Monday, October 31st. Laurentian Bank of Canada increased their target price on Kinaxis from C$70.00 to C$75.00 in a research note on Monday, October 17th. TD Securities reiterated a “buy” rating and set a C$81.00 target price on shares of Kinaxis in a research note on Friday, December 16th. RBC Capital Markets increased their target price on Kinaxis from C$72.00 to C$82.00 and gave the company an “outperform” rating in a research note on Friday, October 14th. Finally, Scotiabank reiterated a “sector perform” rating and set a C$63.00 target price on shares of Kinaxis in a research note on Friday, November 18th.
Kinaxis (TSE:KXS) opened at 64.44 on Friday. The stock has a market capitalization of $1.60 billion and a PE ratio of 160.70. Kinaxis has a 12 month low of $32.60 and a 12 month high of $69.85. The stock has a 50 day moving average price of $61.16 and a 200 day moving average price of $61.47.
In related news, Director John Ernest Sicard sold 5,100 shares of the firm’s stock in a transaction on Monday, November 7th. The stock was sold at an average price of C$67.00, for a total value of C$341,700.00.
Kinaxis Company Profile
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.