Shopify Inc. (TSE:SHO) Receives Average Rating of “Buy” from Analysts

Shares of Shopify Inc. (TSE:SHOGet Free Report) have earned an average rating of “Buy” from the fifteen ratings firms that are covering the company, Marketbeat Ratings reports. Four research analysts have rated the stock with a hold recommendation, one has issued a buy recommendation and ten have assigned a strong buy recommendation to the company.

A number of brokerages have commented on SHO. BMO Capital Markets lowered Shopify from a “strong-buy” rating to a “hold” rating in a report on Friday. Citigroup lowered Shopify from a “strong-buy” rating to a “hold” rating in a report on Friday.

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ICC Labs Inc is a medicinal and recreational cannabis producer based in South America. The firm primarily producing, researching and marketing cannabis for medical and recreational uses, and hemp-based products. The company’s operations are organized into two operating segments, Recreational segment and Cannabinoids Extraction segment. The Recreational segment consists of planting, harvesting, and sale of psychoactive cannabis. The Cannabinoids Extraction segment consists of planting, harvesting, and sale of hemp and the related cannabinoid extraction for medicinal use.

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Analyst Recommendations for Shopify (TSE:SHO)

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