Redknee Solutions (TSE:RKN)‘s stock had its “hold” rating reissued by Canaccord Genuity in a research note issued on Friday. They presently have a C$1.10 price objective on the stock. Canaccord Genuity’s price target indicates a potential upside of 2.80% from the stock’s previous close.

Separately, CIBC lifted their price target on shares of Redknee Solutions from C$0.85 to C$1.10 in a research note on Friday, December 8th.

Redknee Solutions (RKN) opened at C$1.07 on Friday. Redknee Solutions has a 52 week low of C$0.67 and a 52 week high of C$1.64. The company has a market cap of $280.75, a PE ratio of -1.24 and a beta of 1.28.

Redknee Solutions (TSE:RKN) last released its quarterly earnings results on Thursday, December 7th. The company reported C($0.08) EPS for the quarter. Redknee Solutions had a negative return on equity of 170.96% and a negative net margin of 30.81%. The firm had revenue of C$42.36 million for the quarter.

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Redknee Solutions Company Profile

Redknee Solutions Inc is a Canada-based company, which offers real-time monetization and subscriber management software products, solutions and services. The Company’s solutions include Redknee Communications Suite, including Revenue Management, fourth generation (4G) Monetization, Cloud Solutions, Marketing Solutions and Customer Experience, and Redknee Connected Suite, including Energy and Utilities, Internet of Things and Retail.

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