Docebo (TSE:DCBO) Price Target Raised to C$119.00 at Cormark

Docebo (TSE:DCBO) had its price target raised by equities researchers at Cormark from C$97.00 to C$119.00 in a report released on Friday, Analyst Ratings Network reports. The firm currently has a “buy” rating on the stock. Cormark’s target price suggests a potential upside of 12.40% from the company’s current price.

Several other research analysts also recently commented on the company. National Bank Financial boosted their target price on Docebo to C$70.00 and gave the stock an “outperform” rating in a research note on Thursday, July 22nd. CIBC boosted their price target on Docebo from C$95.00 to C$125.00 and gave the stock an “outperform” rating in a report on Friday. Eight Capital boosted their price target on Docebo from C$80.00 to C$110.00 in a report on Friday, August 13th. National Bankshares boosted their price target on Docebo from C$63.80 to C$70.00 and gave the stock an “outperform” rating in a report on Thursday, July 22nd. Finally, Laurentian Bank of Canada restated a “buy” rating on shares of Docebo in a report on Thursday, September 16th. One analyst has rated the stock with a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus price target of C$98.55.

DCBO stock opened at C$105.87 on Friday. The company has a market cap of C$3.46 billion and a PE ratio of -144.83. The business has a 50-day simple moving average of C$96.36 and a 200 day simple moving average of C$74.46. Docebo has a 52 week low of C$41.12 and a 52 week high of C$117.55. The company has a quick ratio of 4.20, a current ratio of 4.36 and a debt-to-equity ratio of 1.87.

About Docebo

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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