KOFAX LIMITED COM USD0.001 (DI) Given “Buy” Rating at Jefferies Group (KFX)
KOFAX LIMITED COM USD0.001 (DI) (LON:KFX)‘s stock had its “buy” rating restated by investment analysts at Jefferies Group in a note issued to investors on Friday. They currently have a GBX 560 ($9.51) price target on the stock. Jefferies Group’s price objective suggests a potential upside of 30.84% from the stock’s previous close.
Shares of KOFAX LIMITED COM USD0.001 (LON:KFX) traded up 1.54% on Friday, hitting GBX 428.00. The stock had a trading volume of 18,526 shares. KOFAX LIMITED COM USD0.001 has a 1-year low of GBX 329.50 and a 1-year high of GBX 547.50. The stock’s 50-day moving average is GBX 470.6 and its 200-day moving average is GBX 469.3. The company’s market cap is £368.9 million.
KFX has been the subject of a number of other recent research reports. Analysts at Numis Securities Ltd reiterated a “reduce” rating on shares of KOFAX LIMITED COM USD0.001 (DI) in a research note on Monday, July 14th. They now have a GBX 332 ($5.64) price target on the stock. Separately, analysts at Canaccord Genuity initiated coverage on shares of KOFAX LIMITED COM USD0.001 (DI) in a research note on Monday, June 2nd. They set a “buy” rating on the stock. Finally, analysts at Panmure Gordon reiterated a “buy” rating on shares of KOFAX LIMITED COM USD0.001 (DI) in a research note on Friday, May 9th. They now have a GBX 488 ($8.29) price target on the stock. Two equities research analysts have rated the stock with a sell rating and five have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of GBX 398.21 ($6.76).
Kofax PLC is a provider of capture enabled business process management (LON:KFX) solutions.
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