Docebo Inc. (TSE:DCBO – Get Free Report)’s stock price hit a new 52-week high during trading on Monday . The stock traded as high as C$55.49 and last traded at C$55.26, with a volume of 1984 shares changing hands. The stock had previously closed at C$55.49.
Wall Street Analysts Forecast Growth
Several equities research analysts have weighed in on the stock. CIBC cut their target price on shares of Docebo from C$68.00 to C$65.00 in a report on Friday, August 11th. ATB Capital raised their price objective on Docebo from C$85.00 to C$90.00 in a research note on Friday, August 11th. Finally, Cormark boosted their target price on Docebo from C$68.00 to C$72.00 in a research note on Friday, August 11th.
Docebo Stock Down 1.4 %
Docebo Company Profile
Docebo Inc operates as a learning management software company that provides artificial intelligence (AI)-powered learning platform in North America, Europe, and the Asia-Pacific region. 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; and Docebo Content that provides off-the-shelf learning content by partnering content specialist.
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