Docebo (TSE:DCBO) Given New C$55.00 Price Target at Cormark

Docebo (TSE:DCBO - Get Free Report) had its price objective dropped by analysts at Cormark from C$60.00 to C$55.00 in a note issued to investors on Monday,BayStreet.CA reports. Cormark's target price indicates a potential upside of 50.77% from the stock's previous close.

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

Docebo Stock Down 1.2%

Shares of TSE:DCBO traded down C$0.46 during midday trading on Monday, hitting C$36.48. 136,513 shares of the company's stock were exchanged, compared to its average volume of 61,319. The company has a debt-to-equity ratio of 4.50, a current ratio of 1.13 and a quick ratio of 3.25. The stock has a 50 day moving average price of C$42.44 and a 200-day moving average price of C$56.38. The company has a market cap of C$779.53 million, a PE ratio of 43.37 and a beta of 1.36. Docebo has a 12 month low of C$35.75 and a 12 month high of C$75.08.

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.

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