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Brokerages Set Docebo Inc. (TSE:DCBO) Target Price at C$81.14

Financial News Live ·  09/02 18:02

Shares of Docebo Inc. (TSE:DCBO – Get Rating) have received a consensus recommendation of "Moderate Buy" from the eight analysts that are covering the firm, Marketbeat Ratings reports. One equities research analyst has rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is C$81.14.

DCBO has been the subject of several recent research reports. CIBC cut their price target on Docebo from C$63.50 to C$54.00 in a report on Tuesday, June 14th. TD Securities cut their price target on Docebo from C$90.00 to C$70.00 and set a "buy" rating for the company in a report on Friday, May 13th.

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Docebo Price Performance

Shares of Docebo stock opened at C$39.25 on Friday. The business has a 50 day simple moving average of C$40.11 and a two-hundred day simple moving average of C$49.00. Docebo has a 12 month low of C$32.35 and a 12 month high of C$117.55. The stock has a market capitalization of C$1.29 billion and a P/E ratio of -66.53. The company has a debt-to-equity ratio of 1.90, a current ratio of 3.30 and a quick ratio of 3.16.

About Docebo

(Get Rating)

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 (LMS) to expedite and enrich the learning process, increase productivity, and grow teams uniformly.

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