Brokerages Set VerticalScope Holdings Inc. (TSE:FORA) Target Price at C$5.86

Shares of VerticalScope Holdings Inc. (TSE:FORA) have received an average recommendation of “Hold” from the seven ratings firms that are currently covering the company, Marketbeat.com reports. Four analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average twelve-month price objective among analysts that have covered the stock in the last year is C$5.86.

A number of equities analysts recently weighed in on FORA shares. Raymond James Financial decreased their price target on VerticalScope from C$7.50 to C$5.00 and set an “outperform” rating for the company in a research report on Wednesday, March 4th. National Bank Financial reduced their price objective on shares of VerticalScope from C$5.50 to C$4.50 and set a “sector perform” rating for the company in a research note on Wednesday, January 28th. Finally, TD Securities decreased their target price on shares of VerticalScope from C$4.00 to C$3.00 and set a “hold” rating for the company in a report on Thursday, March 5th.

VerticalScope Price Performance

Shares of TSE:FORA opened at C$3.00 on Friday. The company has a market capitalization of C$65.04 million, a PE ratio of -8.11 and a beta of 0.41. The company has a debt-to-equity ratio of 60.61, a quick ratio of 0.79 and a current ratio of 2.62. The stock has a fifty day moving average of C$2.91 and a 200-day moving average of C$3.15. VerticalScope has a one year low of C$2.40 and a one year high of C$9.79.

VerticalScope (TSE:FORA) last issued its earnings results on Tuesday, March 3rd. The company reported C($0.22) earnings per share (EPS) for the quarter. The company had revenue of C$20.22 million during the quarter. VerticalScope had a negative return on equity of 10.35% and a negative net margin of 13.83%. As a group, equities analysts anticipate that VerticalScope will post 0.3740942 EPS for the current fiscal year.

VerticalScope Company Profile

VerticalScope Holdings Inc is a technology company that operates a cloud-based digital community platform comprising hyper-focused apps, forums, marketplaces, editorial, and e-commerce rating and brand review websites.