Shopify Inc. (TSE:SHO – Get Free Report) has received an average recommendation of “Buy” from the fifteen analysts that are presently covering the firm, MarketBeat Ratings reports. Four research analysts have rated the stock with a hold recommendation, one has assigned a buy recommendation and ten have given a strong buy recommendation to the company.
Several brokerages have issued reports on SHO. Citigroup downgraded Shopify from a “strong-buy” rating to a “hold” rating in a report on Friday. BMO Capital Markets lowered shares of Shopify from a “strong-buy” rating to a “hold” rating in a research report on Friday.
Read Our Latest Stock Analysis on SHO
Shopify Price Performance
About Shopify
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. The Recreational segment consists of planting, harvesting, and sale of psychoactive cannabis. The Cannabinoids Extraction segment consists of planting, harvesting, and sale of hemp and the related cannabinoid extraction for medicinal use.
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