VerticalScope Holdings Inc. (TSE:FORA) Receives C$10.15 Consensus Price Target from Brokerages

VerticalScope Holdings Inc. (TSE:FORA) has received an average recommendation of “Hold” from the seven ratings firms that are currently covering the company, Marketbeat Ratings reports. Four equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is C$10.15.

A number of analysts recently weighed in on the company. National Bankshares dropped their target price on VerticalScope from C$6.50 to C$5.50 and set a “sector perform” rating for the company in a research report on Thursday, August 14th. TD Securities dropped their target price on VerticalScope from C$4.50 to C$4.00 and set a “hold” rating for the company in a research report on Thursday, August 14th.

VerticalScope Stock Performance

TSE:FORA opened at C$3.87 on Tuesday. The business has a 50 day moving average of C$3.32 and a 200 day moving average of C$3.91. The company has a market capitalization of C$83.15 million, a price-to-earnings ratio of -24.19 and a beta of 0.21. VerticalScope has a 1-year low of C$3.00 and a 1-year high of C$14.75. The company has a debt-to-equity ratio of 55.19, a current ratio of 1.65 and a quick ratio of 0.79.

VerticalScope Company Profile

VerticalScope is a technology company that has built and operates a cloud-based digital platform for online enthusiast communities in high-consumer spending categories. VerticalScope’s mission is to enable people with common interests to connect, explore their passions and share knowledge about the things they love.