Shares of Shopify Inc. (TSE:SHO – Get Free Report) have earned a consensus rating of “Buy” from the thirteen research firms that are currently covering the stock, MarketBeat.com reports. Five analysts have rated the stock with a hold rating and eight have issued a strong buy rating on the company.
A number of equities research analysts recently weighed in on SHO shares. Benchmark upgraded Shopify from a “hold” rating to a “strong-buy” rating in a research note on Monday, February 10th. Wedbush upgraded shares of Shopify from a “hold” rating to a “strong-buy” rating in a research note on Monday, January 6th. Phillip Securities lowered shares of Shopify from a “strong-buy” rating to a “moderate buy” rating in a research note on Monday, February 17th. New Street Research raised shares of Shopify to a “hold” rating in a report on Friday, January 10th. Finally, Loop Capital upgraded Shopify from a “hold” rating to a “strong-buy” rating in a report on Friday, December 6th.
Check Out Our Latest Stock Analysis on Shopify
Shopify Price Performance
Shopify Company Profile
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