Analyst Activity – Royal Bank of Canada Lowers Its Price Target On Redknee Solutions (TSE:RKN) to C$0.75

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Analyst Ratings For Redknee Solutions (TSE:RKN)

Today, Royal Bank of Canada lowered its price target on Redknee Solutions (TSE:RKN) to C$0.75 per share.

There are 1 sell rating, 3 hold ratings, 1 buy rating on the stock.

The current consensus rating on Redknee Solutions (TSE:RKN) is Hold (Score: 2.00) with a consensus target price of C$1.31 per share, a potential .

Some recent analyst ratings include

  • 7/27/2016-GMP Securities was Downgraded by analysts at GMP Securities from a “Buy ” rating to a ” Hold” rating.
  • 4/11/2016-Beacon Securities was Downgraded by analysts at Beacon Securities from a “Speculative Buy ” rating to a ” Hold” rating.


    About Redknee Solutions (TSE:RKN)
    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. Its products include Redknee Unified, Redknee Turnkey Converged Billing (TCB), Redknee Policy Control Server (PCS), Redknee InBill and Redknee Railway. The Company’s services include advisory services, learning services, managed services and solutions delivery. The Company’s platform supports various market solutions, such as Policy Management, Wholesale Settlement and E-Vouchers. Its revenue and subscriber management platform provides converged billing, charging, policy and customer care solutions to over 250 service providers in over 90 countries.

    Recent Trading Activity for Redknee Solutions (TSE:RKN)
    Shares of Redknee Solutions closed the previous trading session at 0.750 down -0.090 -10.71% with 954,558 shares trading hands.

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