Shopify Inc. (TSE:SHO) Receives Average Rating of “Moderate Buy” from Analysts

Shares of Shopify Inc. (TSE:SHOGet Free Report) have earned an average rating of “Moderate Buy” from the twelve research firms that are currently covering the stock, MarketBeat.com reports. Eight equities research analysts have rated the stock with a hold rating and four have assigned a strong buy rating to the company.

A number of equities analysts recently weighed in on the stock. TD Securities upgraded shares of Shopify to a “hold” rating in a research report on Thursday, December 4th. DZ Bank upgraded Shopify from a “strong sell” rating to a “hold” rating in a report on Thursday, November 6th. Finally, BNP Paribas upgraded Shopify to a “hold” rating in a research report on Monday, November 24th.

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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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Analyst Recommendations for Shopify (TSE:SHO)

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