Cormark Cuts Docebo (TSE:DCBO) Price Target to C$55.00

Docebo (TSE:DCBO) had its target price reduced by Cormark from C$60.00 to C$55.00 in a research report sent to investors on Monday morning,BayStreet.CA reports.

Separately, ATB Capital raised shares of Docebo from a “sector perform” rating to an “outperform” rating in a report on Monday, March 3rd.

Docebo Stock Down 0.2%

DCBO opened at C$36.98 on Monday. The business has a 50 day moving average of C$41.88 and a 200-day moving average of C$55.92. The stock has a market capitalization of C$790.21 million, a price-to-earnings ratio of 43.96 and a beta of 1.36. The company has a current ratio of 1.13, a quick ratio of 3.25 and a debt-to-equity ratio of 4.50. Docebo has a 1-year low of C$35.75 and a 1-year high of C$75.08.

About Docebo

Docebo Inc operates as a learning management software company that provides artificial intelligence (AI)-powered learning platform in North America and internationally. It offers Learning Management System (LMS) to train internal and external workforces, partners, and customers. The company's cloud platform consists of a learning suite, which includes Docebo Learn LMS, a cloud-based learning platform that allows learning administrators to deliver personalized learning; Docebo Shape, an AI-based learning content creation tool, which enables learning administrators to turn internal and external resources into engaging, multilingual, and microlearning content to share across the business; Docebo Content that allows off-the-shelf learning content by partnering content specialist; Docebo Learning Impact, a learning measurement tool that enables administrators to prove and improve training programs; Docebo Learn Data, which gives a comprehensive view on learning data to business results; Docebo Connect that connects Docebo to custom tech stack and making integrations; and Docebo Flow that allows businesses to directly inject learning into the flow of work.