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RBC Capital Markets reported on Redknee Solutions Inc. (TSE:RKN), stepping up its target to $0.75 today

Just yesterday Redknee Solutions Inc. (TSE:RKN) traded -1.33% lower at $0.75. RKN’s 50-day average is $0.81 and its two hundred day average is $0.95. With the last close down -22.24% from the 200-day moving average, compared to the S&P 500 which has increased 0.04% over the date range. Trading volume was down over the average, with 246,903 shares of RKN changing hands under the typical 395,540

In a report issued 09/13/2017 RBC Capital Markets increased the stock price target of Redknee Solutions Inc. (TSE:RKN) to $0.75 stating a potential upside of 0%.

On 06/13/2017, Raymond James reported about Redknee Solutions Inc. (TSE:RKN) lowered the target price from $1.65 to $1.20. At the time, this indicated a possible upside of 0.46%.

Recent Performance Chart

Redknee Solutions Inc. (TSE:RKN)

With a total market value of $0, Redknee Solutions Inc. has with a 52 week low of $0.67 and a 52 week high of $2.54 .

Also covering Redknee Solutions Inc.'s price target, a total of 7 analysts have released a report on RKN. The one year target is $1.75 with zero equity analysts rating the company a strong buy, three equity analysts rating the company a buy, 4 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.

Brief Synopsis On Redknee Solutions Inc. (TSE:RKN)

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. Its products include Redknee Unified, Redknee Turnkey Converged Billing (TCB), Redknee Policy Control Server (PCS), Redknee InBill and Redknee Railway. The Company's services include advisory services, learning services, managed services and solutions delivery. The Company's platform supports various market solutions, such as Policy Management, Wholesale Settlement and E-Vouchers. Its revenue and subscriber management platform provides converged billing, charging, policy and customer care solutions to over 250 service providers in over 90 countries.

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