Stifel Nicolaus Analysts Begin Coverage on Kenexa (KNXA)

By admin | 6 years ago

Research analysts at Stifel Nicolaus assumed coverage on shares of Kenexa (NASDAQ: KNXA) in a report released on Friday. The firm set a “hold” rating on the stock.

Shares of Kenexa traded down 0.82% during mid-day trading on Friday, hitting $31.52. Kenexa has a one year low of $13.96 and a one year high of $33.58. The company’s market cap is $860.3 million.

Kenexa last issued its quarterly earnings data on Tuesday, May 1st. The company reported $0.19 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.17 by $0.02. The company’s quarterly revenue was up 29.7% on a year-over-year basis. On average, analysts predict that Kenexa will post $0.29 earnings per share next quarter.

Several other analysts have also recently commented on the stock. Analysts at Feltl & Co. raised their price target on shares of Kenexa from $35.00 to $37.00 in a research note to investors on Monday, April 16th. They now have a “strong-buy” rating on the stock. Separately, analysts at Raymond James (NYSE: RJF) upgraded shares of Kenexa from a “market perform” rating to an “outperform” rating in a research note to investors on Monday, April 2nd. Finally, analysts at Oppenheimer (NYSE: OPY) raised their price target on shares of Kenexa from $30.00 to $33.00 in a research note to investors on Thursday, March 15th. They now have an “outperform” rating on the stock.

Kenexa Corporation provides software, content and services that enable organizations to recruit and retain employees.

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