VerticalScope (TSE:FORA - Get Free Report) had its target price boosted by equities researchers at CIBC from C$9.00 to C$12.00 in a report released on Friday, BayStreet.CA reports. CIBC's price target would indicate a potential upside of 30.29% from the stock's previous close.
Several other equities research analysts have also recently commented on the stock. Royal Bank of Canada lifted their price target on shares of VerticalScope from C$13.00 to C$14.00 and gave the stock an "outperform" rating in a research report on Friday, March 15th. Raymond James upped their price objective on VerticalScope from C$9.00 to C$11.50 in a research note on Wednesday. Eight Capital lifted their price objective on shares of VerticalScope from C$7.00 to C$9.00 in a research note on Friday, March 15th. Cormark boosted their price objective on shares of VerticalScope from C$9.25 to C$12.70 in a research report on Tuesday, March 26th. Finally, TD Securities raised their price objective on VerticalScope from C$12.00 to C$15.00 and gave the company a "buy" rating in a report on Thursday.
View Our Latest Stock Analysis on FORA
VerticalScope Price Performance
FORA stock traded down C$0.38 during trading on Friday, hitting C$9.21. The company had a trading volume of 12,191 shares, compared to its average volume of 21,041. The company has a current ratio of 1.91, a quick ratio of 0.79 and a debt-to-equity ratio of 76.25. The company has a market cap of C$172.13 million, a P/E ratio of -28.78 and a beta of 0.03. VerticalScope has a fifty-two week low of C$3.11 and a fifty-two week high of C$9.97. The company has a fifty day moving average price of C$7.18 and a two-hundred day moving average price of C$5.58.
About VerticalScope
(
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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.
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