Shopify Inc. (TSE:SHO – Get Free Report) has been assigned a consensus rating of “Buy” from the thirteen brokerages that are covering the firm, Marketbeat Ratings reports. Five equities research analysts have rated the stock with a hold recommendation and eight have issued a strong buy recommendation on the company.
A number of equities research analysts have recently issued reports on the company. Phillip Securities lowered Shopify from a “strong-buy” rating to a “moderate buy” rating in a research report on Monday, February 17th. New Street Research upgraded Shopify to a “hold” rating in a report on Friday, January 10th. Wedbush raised Shopify from a “hold” rating to a “strong-buy” rating in a research note on Monday, January 6th. Benchmark raised shares of Shopify from a “hold” rating to a “strong-buy” rating in a research report on Monday, February 10th. Finally, Loop Capital upgraded shares of Shopify from a “hold” rating to a “strong-buy” rating in a research report on Friday, December 6th.
Check Out Our Latest Analysis on SHO
Shopify Stock Performance
Shopify Company Profile
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