Shares of Shopify Inc. (TSE:SHO – Get Free Report) have received an average recommendation of “Buy” from the thirteen ratings firms that are currently covering the company, Marketbeat Ratings reports. Five investment analysts have rated the stock with a hold recommendation and eight have assigned a strong buy recommendation to the company.
Several research analysts recently issued reports on the company. Atb Cap Markets lowered Shopify from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, November 12th. New Street Research raised Shopify to a “hold” rating in a research report on Friday, January 10th. Wedbush raised Shopify from a “hold” rating to a “strong-buy” rating in a research report on Monday, January 6th. Loop Capital raised Shopify from a “hold” rating to a “strong-buy” rating in a research report on Friday, December 6th. Finally, Benchmark upgraded Shopify from a “hold” rating to a “strong-buy” rating in a report on Monday, February 10th.
Read Our Latest Analysis on Shopify
Shopify Stock Performance
Shopify Company Profile
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