Kinaxis Inc (TSE:KXS) PT Lowered to C$90.00

Kinaxis Inc (TSE:KXS) had its price objective reduced by Eight Capital from C$100.00 to C$90.00 in a research report sent to investors on Wednesday, August 9th. They currently have a buy rating on the stock.

A number of other research analysts have also recently issued reports on the company. Laurentian cut their price target on Kinaxis from C$96.00 to C$83.00 and set a hold rating for the company in a report on Wednesday, August 9th. TD Securities cut their price target on Kinaxis from C$98.00 to C$93.00 and set a buy rating for the company in a report on Wednesday, August 9th. Scotiabank cut their price target on Kinaxis from C$87.00 to C$82.00 and set a sector perform rating for the company in a report on Wednesday, August 9th. National Bank Financial cut their price target on Kinaxis from C$100.00 to C$90.00 and set an outperform rating for the company in a report on Wednesday, August 9th. Finally, Royal Bank Of Canada lifted their price target on Kinaxis from C$82.00 to C$100.00 and gave the company an outperform rating in a report on Tuesday, May 2nd. Five investment analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. The company presently has a consensus rating of Buy and an average target price of C$90.50.

Shares of Kinaxis (KXS) traded up 0.14% during mid-day trading on Wednesday, hitting $70.22. 76,288 shares of the stock traded hands. Kinaxis has a 12-month low of $56.47 and a 12-month high of $91.98. The stock has a market cap of $1.78 billion and a P/E ratio of 142.72. The firm’s 50 day moving average price is $77.31 and its 200-day moving average price is $78.36.

WARNING: “Kinaxis Inc (TSE:KXS) PT Lowered to C$90.00” was first reported by Community Financial News and is owned by of Community Financial News. If you are accessing this article on another website, it was copied illegally and reposted in violation of United States and international copyright and trademark law. The original version of this article can be viewed at https://www.com-unik.info/2017/08/19/eight-capital-cuts-kinaxis-inc-tsekxs-price-target-to-c90-00-updated.html.

In other news, insider Sarah Mayme Sedgman sold 385 shares of the business’s stock in a transaction dated Friday, June 9th. The stock was sold at an average price of C$90.00, for a total transaction of C$34,650.00. Also, insider David Peter Kelly sold 12,500 shares of the business’s stock in a transaction dated Tuesday, June 6th. The stock was sold at an average price of C$88.39, for a total value of C$1,104,875.00. Insiders have sold a total of 42,052 shares of company stock valued at $3,731,324 over the last 90 days.

About Kinaxis

Kinaxis Inc provides cloud-based software for supply chain operations. The company offers RapidResponse, which provides supply chain planning and analytics capabilities for managing various supply chain management processes, including demand planning, supply planning, inventory management, order fulfillment, and capacity planning.

Analyst Recommendations for Kinaxis (TSE:KXS)

What are top analysts saying about Kinaxis Inc? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Kinaxis Inc and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit