KOFAX LIMITED COM USD0.001 (DI) Rating Reiterated by Canaccord Genuity (KFX)
KOFAX LIMITED COM USD0.001 (DI) (LON:KFX)‘s stock had its “buy” rating reaffirmed by research analysts at Canaccord Genuity in a report released on Thursday. They currently have a GBX 602.48 ($9.97) price objective on the stock. Canaccord Genuity’s target price points to a potential upside of 25.06% from the company’s current price.
A number of other analysts have also recently weighed in on KFX. Analysts at Jefferies Group reiterated a “buy” rating on shares of KOFAX LIMITED COM USD0.001 (DI) in a research note on Friday, August 1st. They now have a GBX 560 ($9.27) price target on the stock. 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 ($5.49) price target on the stock. Two equities research analysts have rated the stock with a sell rating and five have given a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus target price of GBX 432.25 ($7.15).
Shares of KOFAX LIMITED COM USD0.001 (LON:KFX) traded down 2.02% during mid-day trading on Thursday, hitting GBX 472.00. The stock had a trading volume of 5,559 shares. KOFAX LIMITED COM USD0.001 has a 1-year low of GBX 380.00 and a 1-year high of GBX 547.50. The stock’s 50-day moving average is GBX 446.8 and its 200-day moving average is GBX 471.5. The company’s market cap is £406.9 million.
Kofax PLC is a provider of capture enabled business process management (LON:KFX) solutions.
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