VerticalScope (TSE:FORA) PT Raised to C$12.70 at Cormark

VerticalScope (TSE:FORAGet Free Report) had its target price upped by stock analysts at Cormark from C$9.25 to C$12.70 in a report issued on Tuesday, BayStreet.CA reports. Cormark’s price objective would indicate a potential upside of 48.71% from the stock’s previous close.

Other equities analysts have also recently issued reports about the stock. Raymond James lifted their price target on shares of VerticalScope from C$8.00 to C$9.00 in a research report on Thursday, March 14th. Eight Capital upped their target price on shares of VerticalScope from C$7.00 to C$9.00 in a research note on Friday, March 15th. TD Securities upgraded 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. Royal Bank of Canada raised their price objective on VerticalScope from C$13.00 to C$14.00 and gave the company an “outperform” rating in a report on Friday, March 15th. Finally, CIBC upgraded VerticalScope from a “neutral” rating to an “outperform” rating and upped their target price for the stock from C$6.00 to C$9.00 in a report on Friday, March 15th.

View Our Latest Stock Analysis on VerticalScope

VerticalScope Stock Down 3.5 %

TSE FORA opened at C$8.54 on Tuesday. VerticalScope has a one year low of C$2.64 and a one year high of C$9.97. The stock’s 50 day simple moving average is C$5.11 and its 200 day simple moving average is C$5.12. The company has a debt-to-equity ratio of 76.25, a current ratio of 1.91 and a quick ratio of 0.79. The firm has a market cap of C$159.61 million, a PE ratio of -27.55 and a beta of -0.53.

VerticalScope Company Profile

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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. It provides digital advertising services, including direct advertising campaigns, programmatic advertising, and custom content solutions; and e-commerce solutions.

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