Docebo Inc. (TSE:DCBO) Given Average Rating of “Buy” by Analysts

Shares of Docebo Inc. (TSE:DCBO) have been assigned a consensus recommendation of “Buy” from the eleven brokerages that are presently covering the company, Marketbeat.com reports. One analyst has rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average 12-month price objective among brokers that have covered the stock in the last year is C$86.50.

DCBO has been the subject of a number of research reports. Cormark lifted their price objective on shares of Docebo from C$80.00 to C$97.00 in a report on Friday, August 13th. Eight Capital lifted their price objective on shares of Docebo from C$80.00 to C$110.00 in a report on Friday, August 13th. National Bankshares lifted their price objective on shares of Docebo from C$63.80 to C$70.00 and gave the company an “outperform” rating in a report on Thursday, July 22nd. CIBC reiterated an “outperform” rating and set a C$83.00 price target (down previously from C$93.00) on shares of Docebo in a report on Friday, August 13th. Finally, National Bank Financial boosted their price target on shares of Docebo to C$70.00 and gave the stock an “outperform” rating in a report on Thursday, July 22nd.

Shares of DCBO stock traded down C$6.40 during trading on Friday, reaching C$110.70. The company’s stock had a trading volume of 1,065,125 shares, compared to its average volume of 111,337. The company has a debt-to-equity ratio of 1.87, a current ratio of 4.36 and a quick ratio of 4.20. The company has a market capitalization of C$3.62 billion and a price-to-earnings ratio of -152.90. The stock’s 50-day moving average price is C$92.22 and its 200 day moving average price is C$71.99. Docebo has a 1-year low of C$40.29 and a 1-year high of C$117.55.

Docebo Company Profile

Docebo Inc provides a cloud-based learning management system to train internal and external workforces, partners, and customers in North America, Europe, and the Asia-Pacific region. Its platform helps customers to centralize learning materials from peer enterprises and learners into one learning management system to expedite and enrich the learning process, increase productivity, and grow teams uniformly.

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Analyst Recommendations for Docebo (TSE:DCBO)

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