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A statement released earlier today by Scotia Capital about Kinaxis Inc (TSE:KXS) bumps the target price to $63.00

Boasting a price of $66.17, Kinaxis Inc (TSE:KXS) traded 4.23% higher on the day. With the last stock price close up 22.57% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Kinaxis Inc has recorded a 50-day average of $63.65 and a two hundred day average of $53.86. Volume of trade was down over the average, with 42,048 shares of KXS changing hands under the typical 78,713

Scotia Capital bumped up the target of Kinaxis Inc (TSE:KXS) to $63.00 stating a potential downside of -0.05%.

On 8/03/2016, RBC Capital Markets released a statement for Kinaxis Inc (TSE:KXS) bumped up the target price from $52.00 to $68.00 that suggested an upside of 0.08%.

Performance Chart

Kinaxis Inc (TSE:KXS)

With a total market value of $0, Kinaxis Inc has price-earnings ratio of 143.21 with a one year low of $32.60 and a one year high of $69.85 .

In addition to Scotia Capital reporting its target price, a total of 9 firms have issued a report on the stock. The consensus target price is $55.55 with 1 firm rating the stock a strong buy, 6 firms rating the stock a buy, 1 firm rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.

General Information About Kinaxis Inc (TSE:KXS)

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. The Company's customers include companies in various industries, including high technology and electronics; aerospace and defense; life sciences and pharmaceuticals; industrial, and automotive. Its sales and operations planning solutions include demand planning, aggregate supply planning, capacity planning (constraints), inventory planning and optimization, and inventory management. The Company's supply chain management applications include capacity planning, order fulfillment and supplier collaboration.

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