VerticalScope (TSE:FORA) Price Target Raised to C$11.50 at Raymond James

VerticalScope (TSE:FORA - Free Report) had its price target boosted by Raymond James from C$9.00 to C$11.50 in a report issued on Wednesday, BayStreet.CA reports.

Several other brokerages also recently issued reports on FORA. Royal Bank of Canada raised their price objective on shares of VerticalScope from C$13.00 to C$14.00 and gave the stock an outperform rating in a research note on Friday, March 15th. Eight Capital raised their price objective on shares of VerticalScope from C$7.00 to C$9.00 in a research note on Friday, March 15th. Cormark raised their price objective on shares of VerticalScope from C$9.25 to C$12.70 in a research note on Tuesday, March 26th. CIBC raised shares of VerticalScope from a neutral rating to an outperform rating and raised their price objective for the stock from C$6.00 to C$9.00 in a research note on Friday, March 15th. Finally, TD Securities raised shares of VerticalScope from a buy rating to an action list buy rating and lifted their price target for the company from C$7.50 to C$12.00 in a research note on Friday, March 15th.

VerticalScope Trading Up 5.4 %

FORA traded up C$0.46 on Wednesday, hitting C$9.00. The company had a trading volume of 32,964 shares, compared to its average volume of 21,135. The company has a market cap of C$168.21 million, a PE ratio of -27.16 and a beta of 0.03. VerticalScope has a 12-month low of C$2.94 and a 12-month high of C$9.97. The company has a quick ratio of 0.79, a current ratio of 1.91 and a debt-to-equity ratio of 76.25. The business's fifty day simple moving average is C$6.90 and its 200 day simple moving average is C$5.50.

VerticalScope Company Profile

VerticalScope Holdings Inc, a technology company, operates a cloud-based digital community platform for online enthusiast communities in the United States, Canada, the United Kingdom, and internationally. The company provides digital advertising services comprising direct advertising campaigns serve primarily in original equipment manufacturers, retailers, and insurance providers; programmatic advertising which includes the monetization of display and video impressions, and private marketplace and programmatic guaranteed advertising; and custom content solutions that manages and produces branded content for advertisers, including product reviews, articles, e-mail features, and short videos; and provides e-commerce solutions.