BUZZ-Bell Potter initiates coverage on Australia's Kinatico at premium

Reuters

07/14

** Shares of Kinatico KYP.AX up 2.3% at A$0.225 on the day

** Bell Potter initiates coverage on stock with price target of A$0.3, a 36.4% premium to stock's last close

** Brokerage rates Kinatico with "buy" tag

** Kinatico is a provider of 'know-your-people' solutions such as pre-employment screening and verification services among others

** Bell Potter says co has a key opportunity in targeting small and medium enterprises with its new Software-as-a-Service (SaaS) solution, which is further supported by providing the solution through an integrated platform

** Stock up 55.2% YTD, including the day's moves

(Reporting by Nikita Maria Jino in Bengaluru)

((Nikita.Jino@thomsonreuters.com;))

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xmlns=\"http://www.w3.org/1999/xhtml\"><head><title>BUZZ-Bell Potter initiates coverage on Australia's Kinatico at premium</title></head><body><p>** Shares of Kinatico <span>KYP.AX</span> up 2.3% at A$0.225 on the day</p><p>** Bell Potter initiates coverage on stock with price target of A$0.3, a 36.4% premium to stock's last close</p><p>** Brokerage rates Kinatico with \"buy\" tag</p><p>** Kinatico is a provider of 'know-your-people' solutions such as pre-employment screening and verification services among others</p><p>** Bell Potter says co has a key opportunity in targeting small and medium enterprises with its new Software-as-a-Service (SaaS) solution, which is further supported by providing the solution through an integrated platform</p><p>** Stock up 55.2% YTD, including the day's moves</p><p> (Reporting by Nikita Maria Jino in Bengaluru)</p><p> 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