Shopify Inc. (TSE:SHO) Given Consensus Rating of “Buy” by Analysts

Shopify Inc. (TSE:SHO) has been assigned an average recommendation of “Buy” from the fourteen ratings firms that are currently covering the firm, MarketBeat.com reports. Four equities research analysts have rated the stock with a hold rating and ten have assigned a strong buy rating to the company.

Several analysts have recently commented on the stock. Benchmark raised shares of Shopify from a “hold” rating to a “strong-buy” rating in a research report on Monday, February 10th. BNP Paribas lowered shares of Shopify from a “strong-buy” rating to a “hold” rating in a research report on Monday, May 5th. Capital One Financial raised shares of Shopify from a “hold” rating to a “strong-buy” rating in a research report on Thursday, May 8th. Phillip Securities lowered shares of Shopify from a “strong-buy” rating to a “moderate buy” rating in a research report on Monday, February 17th. Finally, BMO Capital Markets raised shares of Shopify to a “strong-buy” rating in a research report on Tuesday, May 6th.

Shopify Price Performance

Shopify Company Profile

(

ICC Labs Inc is a medicinal and recreational cannabis producer based in South America. The firm primarily producing, researching and marketing cannabis for medical and recreational uses, and hemp-based products. The company’s operations are organized into two operating segments, Recreational segment and Cannabinoids Extraction segment.