Docebo Inc. (NASDAQ:DCBO – Get Free Report) has received a consensus rating of “Moderate Buy” from the sixteen research firms that are currently covering the company, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation, ten have assigned a buy recommendation and two have given a strong buy recommendation to the company. The average twelve-month price target among brokerages that have covered the stock in the last year is $30.6667.
Several equities analysts have recently commented on DCBO shares. Canaccord Genuity Group decreased their price target on Docebo from $40.00 to $36.00 and set a “buy” rating on the stock in a research note on Monday, March 2nd. Morgan Stanley decreased their price target on Docebo from $28.00 to $26.00 and set an “equal weight” rating on the stock in a research note on Monday, March 2nd. Weiss Ratings raised Docebo from a “sell (d)” rating to a “sell (d+)” rating in a research note on Monday, June 1st. Zacks Research lowered Docebo from a “strong-buy” rating to a “hold” rating in a research note on Monday, May 25th. Finally, Wall Street Zen lowered Docebo from a “buy” rating to a “hold” rating in a research note on Sunday, May 17th.
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Docebo Stock Performance
Shares of Docebo stock opened at $17.23 on Wednesday. Docebo has a 52 week low of $14.39 and a 52 week high of $33.42. The business’s fifty day simple moving average is $17.76 and its 200-day simple moving average is $19.11. The firm has a market cap of $437.64 million, a PE ratio of 14.85 and a beta of 1.28. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.03.
About Docebo
Docebo is a cloud-based learning management system (LMS) provider that offers enterprise organizations a comprehensive platform for employee, customer and partner training. The company’s software is designed to streamline learning and development with features such as AI-powered content recommendations, automated learning paths and social collaboration tools. Docebo’s platform supports multiple languages and integrates with a variety of third-party applications, enabling businesses to deliver training at scale across different departments and regions.
Founded in 2005 and headquartered in Toronto, Canada, Docebo has expanded its footprint to serve customers in North America, Europe, the Middle East and the Asia Pacific region.
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