Docebo (TSE:DCBO) Upgraded by ATB Capital to Outperform Rating

ATB Capital upgraded shares of Docebo (TSE:DCBO) from a sector perform rating to an outperform rating in a research note released on Monday morning,BayStreet.CA reports.

Separately, Colliers Securities raised their price target on Docebo from C$69.00 to C$82.00 in a research note on Monday, November 11th.

Docebo Stock Up 3.6 %

Shares of Docebo stock opened at C$48.05 on Monday. Docebo has a twelve month low of C$40.30 and a twelve month high of C$75.08. The company has a quick ratio of 3.25, a current ratio of 1.13 and a debt-to-equity ratio of 4.50. The company’s 50 day moving average is C$60.53 and its 200 day moving average is C$62.46. The company has a market cap of C$1.03 billion, a price-to-earnings ratio of 57.12 and a beta of 1.36.

About Docebo

Docebo Inc operates as a learning management software company that provides artificial intelligence (AI)-powered learning platform in North America and internationally. It offers Learning Management System (LMS) to train internal and external workforces, partners, and customers. The company's cloud platform consists of a learning suite, which includes Docebo Learn LMS, a cloud-based learning platform that allows learning administrators to deliver personalized learning; Docebo Shape, an AI-based learning content creation tool, which enables learning administrators to turn internal and external resources into engaging, multilingual, and microlearning content to share across the business; Docebo Content that allows off-the-shelf learning content by partnering content specialist; Docebo Learning Impact, a learning measurement tool that enables administrators to prove and improve training programs; Docebo Learn Data, which gives a comprehensive view on learning data to business results; Docebo Connect that connects Docebo to custom tech stack and making integrations; and Docebo Flow that allows businesses to directly inject learning into the flow of work.