Docebo (TSE:DCBO) Price Target Raised to C$50.00 at ATB Capital

Key Points

• ATB Capital has raised its price target for Docebo shares from C$45.00 to C$50.00, indicating a potential upside of 14.44% from the stock's previous close.
• In contrast, Cormark has decreased its price objective for Docebo from C$60.00 to C$55.00.
• Docebo's stock increased by 4.0% during midday trading, reaching C$43.69.

Docebo (TSE:DCBO - Free Report) had its price target raised by ATB Capital from C$45.00 to C$50.00 in a research report report published on Monday,BayStreet.CA reports.

Separately, Cormark lowered their target price on shares of Docebo from C$60.00 to C$55.00 in a report on Monday, May 12th.

Docebo Stock Down 2.3%

Shares of DCBO stock traded down C$1.03 on Monday, hitting C$43.22. The stock had a trading volume of 57,450 shares, compared to its average volume of 65,391. The business has a 50 day moving average of C$39.95 and a 200 day moving average of C$43.57. The stock has a market cap of C$923.55 million, a price-to-earnings ratio of 51.38 and a beta of 1.36. The company has a debt-to-equity ratio of 4.50, a current ratio of 1.13 and a quick ratio of 3.25. Docebo has a 12-month low of C$35.57 and a 12-month high of C$75.08.

Docebo Company Profile

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.