Kinaxis (TSE:KXS) Given a C$210.00 Price Target at Royal Bank of Canada

Royal Bank of Canada set a C$210.00 price objective on Kinaxis (TSE:KXS) in a research report report published on Friday morning,BayStreet.CA reports. The firm currently has an outperform rating on the stock.

Separately, CIBC reduced their price objective on shares of Kinaxis from C$175.00 to C$170.00 in a research note on Friday, February 28th. One analyst has rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat, Kinaxis presently has an average rating of “Moderate Buy” and a consensus target price of C$195.00.

Kinaxis Trading Up 1.4 %

Shares of TSE:KXS opened at C$159.84 on Friday. The company has a debt-to-equity ratio of 12.12, a quick ratio of 2.29 and a current ratio of 1.89. The stock has a market capitalization of C$3.22 billion, a price-to-earnings ratio of 158.64, a PEG ratio of 3.60 and a beta of 0.78. Kinaxis has a 1-year low of C$132.93 and a 1-year high of C$190.17. The company has a 50 day moving average price of C$164.82 and a 200 day moving average price of C$165.77.

Insider Activity

In other Kinaxis news, Senior Officer Christopher John Blaine Fitzgerald sold 2,177 shares of Kinaxis stock in a transaction that occurred on Thursday, March 13th. The shares were sold at an average price of C$156.26, for a total value of C$340,172.58. Also, Senior Officer Andrew William Robert Bell sold 2,064 shares of the firm’s stock in a transaction dated Tuesday, March 4th. The shares were sold at an average price of C$156.80, for a total value of C$323,627.77. Following the transaction, the insider now owns 831 shares in the company, valued at approximately C$130,297.81. This trade represents a 71.30 % decrease in their ownership of the stock. Insiders have sold a total of 4,924 shares of company stock worth $770,090 in the last ninety days. Corporate insiders own 1.20% of the company’s stock.

About Kinaxis

Kinaxis Inc provides cloud-based subscription software for supply chain operations in the United States, Europe, Asia, and Canada. It offers RapidResponse, a cloud-based platform, which provides advanced planning, sales and operation planning, supply and demand planning, inventory management, and command and control center services.