Kinaxis Inc (TSE:KXS) had its price objective lifted by Royal Bank Of Canada from C$85.00 to C$90.00 in a report issued on Friday morning. The firm currently has an outperform rating on the stock.

KXS has been the subject of several other research reports. TD Securities cut their target price on Kinaxis from C$98.00 to C$93.00 and set a buy rating for the company in a research report on Wednesday, August 9th. Eight Capital cut their target price on Kinaxis from C$100.00 to C$90.00 and set a buy rating for the company in a research report on Wednesday, August 9th. Laurentian Bank of Canada cut their target price on Kinaxis from C$96.00 to C$83.00 and set a hold rating for the company in a research report on Thursday, August 17th. Laurentian cut their target price on Kinaxis from C$96.00 to C$83.00 and set a hold rating for the company in a research report on Wednesday, August 9th. Finally, Canaccord Genuity increased their target price on Kinaxis from C$75.00 to C$100.00 and gave the stock a hold rating in a research report on Thursday, August 17th. Three research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. The stock presently has a consensus rating of Buy and an average price target of C$89.10.

Shares of Kinaxis (TSE:KXS) traded up C$1.55 on Friday, reaching C$72.51. The company’s stock had a trading volume of 208,104 shares, compared to its average volume of 107,571. Kinaxis has a fifty-two week low of C$56.47 and a fifty-two week high of C$91.98.

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In related news, Director Douglas Proctor Colbeth sold 20,600 shares of the stock in a transaction dated Friday, September 8th. The stock was sold at an average price of C$74.11, for a total transaction of C$1,526,666.00. Insiders have sold 50,000 shares of company stock valued at $3,761,224 in the last quarter.

Kinaxis Company Profile

Kinaxis Inc is a provider of cloud-based subscription software for supply chain operations. The Company offers RapidResponse as a collection of cloud-based configurable applications. The Company’s RapidResponse product 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.

Analyst Recommendations for Kinaxis (TSE:KXS)

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