Docebo (TSE:DCBO) Price Target Lowered to C$55.00 at Cormark

Docebo (TSE:DCBO - Get Free Report) had its price objective decreased by stock analysts at Cormark from C$60.00 to C$55.00 in a report issued on Monday,BayStreet.CA reports. Cormark's price objective indicates a potential upside of 47.37% from the stock's previous close.

Separately, ATB Capital upgraded shares of Docebo from a "sector perform" rating to an "outperform" rating in a research report on Monday, March 3rd.

Docebo Trading Up 1.1%

Shares of TSE:DCBO traded up C$0.40 during trading on Monday, reaching C$37.32. The stock had a trading volume of 72,340 shares, compared to its average volume of 65,871. The firm's fifty day moving average is C$41.65 and its 200 day moving average is C$55.55. The company has a debt-to-equity ratio of 4.50, a quick ratio of 3.25 and a current ratio of 1.13. Docebo has a 52 week low of C$35.75 and a 52 week high of C$75.08. The stock has a market cap of C$797.47 million, a price-to-earnings ratio of 44.36 and a beta of 1.36.

About Docebo

Docebo Inc operates as a learning management software company that provides artificial intelligence (AI)-powered learning platform in North America and internationally. It offers Learning Management System (LMS) to train internal and external workforces, partners, and customers. The company's cloud platform consists of a learning suite, which includes Docebo Learn LMS, a cloud-based learning platform that allows learning administrators to deliver personalized learning; Docebo Shape, an AI-based learning content creation tool, which enables learning administrators to turn internal and external resources into engaging, multilingual, and microlearning content to share across the business; Docebo Content that allows off-the-shelf learning content by partnering content specialist; Docebo Learning Impact, a learning measurement tool that enables administrators to prove and improve training programs; Docebo Learn Data, which gives a comprehensive view on learning data to business results; Docebo Connect that connects Docebo to custom tech stack and making integrations; and Docebo Flow that allows businesses to directly inject learning into the flow of work.