Docebo (TSE:DCBO) Price Target Raised to C$70.00

Docebo (TSE:DCBO) had its target price boosted by analysts at National Bankshares from C$63.80 to C$70.00 in a research note issued to investors on Thursday, BayStreet.CA reports. The firm currently has an “outperform” rating on the stock. National Bankshares’ target price would indicate a potential downside of 12.50% from the company’s current price.

Separately, ATB Capital upped their price target on shares of Docebo from C$85.00 to C$95.00 and gave the company a “na” rating in a research note on Friday, May 14th. One research analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average target price of C$75.64.

Shares of DCBO stock traded up C$0.09 on Thursday, hitting C$80.00. The company’s stock had a trading volume of 27,583 shares, compared to its average volume of 93,540. The company has a debt-to-equity ratio of 1.96, a current ratio of 4.83 and a quick ratio of 4.66. The business has a 50 day simple moving average of C$68.61. Docebo has a fifty-two week low of C$34.50 and a fifty-two week high of C$86.64. The company has a market cap of C$2.62 billion and a P/E ratio of -134.68.

About Docebo

Docebo Inc provides a cloud-based learning management system to train internal and external workforces, partners, and customers in North America, Europe, and the Asia-Pacific region. Its platform helps customers to centralize learning materials from peer enterprises and learners into one learning management system to expedite and enrich the learning process, increase productivity, and grow teams uniformly.

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