VerticalScope (TSE:FORA) PT Lowered to C$26.00

VerticalScope (TSE:FORAGet Rating) had its price target dropped by equities researchers at TD Securities from C$31.00 to C$26.00 in a report issued on Thursday, BayStreet.CA reports. The firm currently has a “buy” rating on the stock. TD Securities’ price objective suggests a potential upside of 34.78% from the company’s previous close.

Separately, Raymond James set a C$32.00 target price on shares of VerticalScope and gave the stock an “outperform” rating in a research note on Thursday.

Shares of TSE FORA opened at C$19.29 on Thursday. VerticalScope has a 1-year low of C$15.75 and a 1-year high of C$34.00. The stock has a market capitalization of C$410.51 million and a price-to-earnings ratio of -24.61. The company has a quick ratio of 1.51, a current ratio of 1.56 and a debt-to-equity ratio of 87.34.

VerticalScope Company Profile (Get Rating)

VerticalScope Holdings Inc, a technology company, operates a cloud-based digital community platform in Canada. It provides digital advertising services, including direct advertising campaigns, custom content solutions, and programmatic advertising; and e-commerce solutions. The company also focus on hyper-specific subjects that engender strong affinity from online communities of enthusiasts, super fans, experts, pros, hobbyists, and armchair analysts.

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