Kinaxis Inc. (OTCMKTS:KXSCF) Receives Consensus Rating of “Buy” from Brokerages

Shares of Kinaxis Inc. (OTCMKTS:KXSCFGet Rating) have earned an average rating of “Buy” from the nine analysts that are currently covering the company, Marketbeat reports. Two analysts have rated the stock with a buy rating. The average twelve-month price objective among brokers that have issued a report on the stock in the last year is $209.22.

Several equities analysts have commented on KXSCF shares. Stifel Nicolaus lowered their target price on shares of Kinaxis from C$235.00 to C$215.00 in a research note on Thursday, March 3rd. Canaccord Genuity Group dropped their target price on Kinaxis from C$225.00 to C$200.00 in a report on Thursday, March 3rd. BMO Capital Markets decreased their price target on Kinaxis from C$200.00 to C$185.00 in a research note on Monday. Scotiabank dropped their price objective on Kinaxis from C$213.00 to C$208.00 in a research note on Thursday, March 3rd. Finally, Royal Bank of Canada decreased their target price on Kinaxis from C$200.00 to C$175.00 in a research note on Monday.

Shares of KXSCF opened at $101.32 on Wednesday. Kinaxis has a one year low of $100.00 and a one year high of $180.40. The stock’s fifty day moving average is $121.01 and its 200-day moving average is $132.62.

About Kinaxis (Get Rating)

Kinaxis Inc provides cloud-based subscription software for supply chain operations in the United States, Japan, Hong Kong, The Netherlands, South Korea, the United Kingdom, Singapore, France, Ireland, Germany, India, and Canada. It offers Kinaxis, a cloud-based software-as-a-service platform, which provides advanced planning, sales and operations planning, supply and demand planning, inventory management, and command and control center services.

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Analyst Recommendations for Kinaxis (OTCMKTS:KXSCF)

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