Today, Kinaxis Inc (TSE:KXS) Receives C$64.39 Consensus Price Target from Brokerages

Today, Kinaxis Inc (TSE:KXS) Receives C$64.39 Consensus Price Target from Brokerages

Shares of Kinaxis Inc (TSE:KXS) have been assigned an average recommendation of “Buy” from the ten research firms that are covering the stock. One investment analyst has rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is C$64.39.

A number of research analysts have commented on the stock. CIBC raised their target price on shares of Kinaxis from C$52.00 to C$75.00 in a research report on Saturday, August 6th. BMO Capital Markets raised their target price on shares of Kinaxis from C$55.00 to C$70.00 and gave the company an “outperform” rating in a research report on Saturday, August 6th. Scotiabank raised their target price on shares of Kinaxis from C$53.00 to C$63.00 and gave the company a “sector perform” rating in a research report on Friday, August 5th. Canaccord Genuity raised their target price on shares of Kinaxis from C$52.00 to C$70.00 and gave the company a “buy” rating in a research report on Saturday, August 6th. Finally, RBC Capital Markets raised their target price on shares of Kinaxis from C$68.00 to C$72.00 in a research report on Saturday, August 6th.

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