RBC Capital Sticks to Its Buy Rating for Kinaxis Inc (KXS)

By Carrie Williams

A Wall Street analyst has provided a review for the Technology company today, but retained the same rating on the stock. Analyst Paul Treiber from RBC Capital rated Kinaxis Inc (KXSResearch Report) a Buy, setting a C$95 price target.

According to TipRanks.com, Treiber is a 5-star analyst with an average return of 16.1% and a 73.3% success rate. Treiber covers the Technology sector, focusing on stocks such as Enghouse Systems Limited, CGI Group, and Descartes.

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Kinaxis Inc has an analyst consensus of Strong Buy, with a price target consensus of C$93.29.

The company has a one-year high of C$100.68 and a one-year low of C$60.01. Currently, Kinaxis Inc has an average volume of 104.9K.

Kinaxis, Inc. engages in the provision of cloud-based subscription software. Its solutions include sales and operations, capacity, demand inventory, machine learning, and supply 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$75.62.