Shares of Kinaxis Inc. (TSE:KXS – Get Free Report) have been assigned an average rating of “Moderate Buy” from the nine brokerages that are covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is C$192.11.
KXS has been the subject of several research analyst reports. CIBC downgraded shares of Kinaxis from an “outperform” rating to a “neutral” rating and dropped their target price for the stock from C$180.00 to C$154.00 in a research report on Friday, June 21st. ATB Capital dropped their target price on shares of Kinaxis from C$215.00 to C$205.00 and set an “outperform” rating for the company in a research report on Friday, August 2nd. TD Securities decreased their price target on shares of Kinaxis from C$200.00 to C$195.00 in a report on Friday, August 2nd. Scotiabank decreased their price target on shares of Kinaxis from C$200.00 to C$190.00 and set an “outperform” rating for the company in a report on Friday, August 2nd. Finally, Stifel Nicolaus decreased their price target on shares of Kinaxis from C$210.00 to C$195.00 and set a “buy” rating for the company in a report on Friday, August 2nd.
Read Our Latest Stock Report on KXS
Insider Buying and Selling
Kinaxis Stock Down 0.8 %
Shares of KXS opened at C$151.58 on Friday. The firm has a market cap of C$4.30 billion, a PE ratio of 210.79, a price-to-earnings-growth ratio of 3.60 and a beta of 0.77. The company’s fifty day moving average is C$156.45 and its two-hundred day moving average is C$153.82. Kinaxis has a fifty-two week low of C$129.13 and a fifty-two week high of C$172.83. The company has a quick ratio of 2.29, a current ratio of 2.53 and a debt-to-equity ratio of 11.91.
About Kinaxis
Kinaxis Inc provides cloud-based subscription software for supply chain operations in the United States, Europe, Asia, and Canada. It offers RapidResponse, a cloud-based platform, which provides advanced planning, sales and operation planning, supply and demand planning, inventory management, and command and control center services.
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