Docebo (TSE:DCBO) had its price target increased by analysts at CIBC from C$95.00 to C$125.00 in a report issued on Friday, Analyst Ratings Network reports. The brokerage presently has an “outperform” rating on the stock. CIBC’s price objective would suggest a potential upside of 18.07% from the stock’s previous close.
DCBO has been the topic of a number of other reports. Cormark lifted their price objective on Docebo from C$80.00 to C$97.00 in a research report on Friday, August 13th. Eight Capital lifted their price objective on Docebo from C$80.00 to C$110.00 in a research report on Friday, August 13th. Laurentian Bank of Canada reiterated a “buy” rating on shares of Docebo in a research report on Thursday, September 16th. Berenberg Bank lifted their price objective on Docebo from C$72.00 to C$82.00 and gave the stock a “na” rating in a research report on Monday, August 16th. Finally, National Bankshares lifted their price objective on Docebo from C$63.80 to C$70.00 and gave the stock an “outperform” rating in a research report on Thursday, July 22nd. One equities research analyst has rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of C$98.55.
DCBO opened at C$105.87 on Friday. The stock’s 50 day simple moving average is C$96.36 and its 200 day simple moving average is C$74.46. The company has a debt-to-equity ratio of 1.87, a current ratio of 4.36 and a quick ratio of 4.20. Docebo has a 1 year low of C$41.12 and a 1 year high of C$117.55. The firm has a market cap of C$3.46 billion and a price-to-earnings ratio of -144.83.
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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