Bell Potter initiates coverage on Australia's Kinatico at premium

Kinatico

14/07/2025 05:07

** 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;))