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

Reuters
Jul 14
BUZZ-Bell Potter initiates coverage on Australia's Kinatico at premium

** 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;))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10