Redknee Solutions Inc (TSE:RKN) has been assigned a consensus recommendation of “Hold” from the nine brokerages that are presently covering the company. Five research analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company. The average 12 month target price among analysts that have issued a report on the stock in the last year is C$2.31.
Several analysts recently commented on the company. RBC Capital Markets cut their price objective on Redknee Solutions from C$2.00 to C$1.75 in a report on Saturday, August 6th. Raymond James Financial Inc. cut their price objective on Redknee Solutions from C$2.50 to C$2.25 and set an “outperform” rating for the company in a report on Saturday, August 6th. Canaccord Genuity cut their price objective on Redknee Solutions from C$2.00 to C$1.75 and set a “hold” rating for the company in a report on Saturday, August 6th. Finally, GMP Securities lowered Redknee Solutions from a “buy” rating to a “hold” rating in a report on Wednesday, July 27th.
Redknee Solutions (TSE:RKN) opened at 2.25 on Tuesday. Redknee Solutions has a 52 week low of $1.33 and a 52 week high of $4.50. The company’s market capitalization is $243.54 million. The firm has a 50-day moving average price of $2.17 and a 200-day moving average price of $1.99.
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.
Receive News & Ratings for Redknee Solutions Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Redknee Solutions Inc and related companies with MarketBeat.com's FREE daily email newsletter.