KOFAX LIMITED COM USD0.001 (DI)’s “Buy” Rating Reiterated at Jefferies Group (KFX)
KOFAX LIMITED COM USD0.001 (DI) (LON:KFX)‘s stock had its “buy” rating reaffirmed by research analysts at Jefferies Group in a report released on Wednesday. They currently have a GBX 560 ($9.29) price objective on the stock. Jefferies Group’s price target indicates a potential upside of 19.21% from the stock’s previous close.
KOFAX LIMITED COM USD0.001 (LON:KFX) traded down 0.43% on Wednesday, hitting GBX 467.75. 7,859 shares of the company’s stock traded hands. KOFAX LIMITED COM USD0.001 has a 52-week low of GBX 380.00 and a 52-week high of GBX 547.50. The stock’s 50-day moving average is GBX 447. and its 200-day moving average is GBX 471.5. The company’s market cap is £403.2 million.
KFX has been the subject of a number of other recent research reports. Analysts at Canaccord Genuity reiterated a “buy” rating on shares of KOFAX LIMITED COM USD0.001 (DI) in a research note on Thursday, August 28th. They now have a GBX 602.48 ($10.00) 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 ($5.51) price target on the stock. Two investment analysts have rated the stock with a sell rating and five have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of GBX 432.25 ($7.17).
Kofax PLC is a provider of capture enabled business process management (LON:KFX) solutions.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.