Analysts have been quite happy with Kinaxis Inc (TSX: KXS) stock lately, as after Canaccord Genuity and CIBC rated the stock a Buy this past month, there is another positive note, this time from RBC Capital. Analyst Paul Treiber rated Kinaxis Inc (TSX: KXS) a Buy today, setting a C$110 price target.
Treiber has an average return of 45.8% when recommending Kinaxis Inc.
According to TipRanks.com, Treiber is ranked #287 out of 4871 analysts.
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The word on The Street in general, suggests a Strong Buy analyst consensus rating for Kinaxis Inc with a C$104.11 average price target, an 8.1% upside from current levels. In a report issued on August 26, CIBC also reiterated a Buy rating on the stock with a C$107 price target.
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The company has a one-year high of C$100.68 and a one-year low of C$63.15. Currently, Kinaxis Inc has an average volume of 68.41K.
Kinaxis, Inc. engages in the provision of cloud-based subscription software. Its product is RapidResponse, which 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. The company was founded by Duncan Klett in 1984 and is headquartered in Ottawa, Canada.
The company’s shares closed on Monday at C$96.29, close to its 52-week high of C$100.68.
