VerticalScope (TSE:FORA – Get Free Report) had its price objective hoisted by stock analysts at Raymond James from C$13.00 to C$14.50 in a research note issued on Friday,BayStreet.CA reports. The brokerage presently has an “outperform” rating on the stock. Raymond James’ price target would suggest a potential upside of 46.17% from the stock’s previous close.
A number of other equities analysts also recently issued reports on FORA. National Bankshares upped their price target on VerticalScope from C$11.50 to C$13.00 in a report on Thursday, November 14th. Royal Bank of Canada upped their price target on VerticalScope from C$16.00 to C$17.00 in a research note on Thursday, January 30th. CIBC upped their price target on VerticalScope from C$10.00 to C$17.00 in a research note on Monday, February 10th. Cormark increased their price objective on VerticalScope from C$14.00 to C$19.00 in a research report on Friday. Finally, Canaccord Genuity Group increased their price objective on VerticalScope from C$14.00 to C$17.00 in a research report on Thursday, November 14th.
Read Our Latest Analysis on FORA
VerticalScope Stock Performance
Insider Activity at VerticalScope
In related news, Senior Officer Brandon Seibel sold 12,500 shares of the stock in a transaction on Monday, January 20th. The stock was sold at an average price of C$11.00, for a total transaction of C$137,500.00. Also, Director Rob Laidlaw sold 8,500 shares of the stock in a transaction on Thursday, January 23rd. The shares were sold at an average price of C$12.62, for a total value of C$107,270.00. Insiders have sold a total of 25,550 shares of company stock valued at $295,321 over the last quarter. Insiders own 37.10% of the company’s stock.
About VerticalScope
VerticalScope is a technology company that has built and operates a cloud-based digital platform for online enthusiast communities in high-consumer spending categories. VerticalScope’s mission is to enable people with common interests to connect, explore their passions and share knowledge about the things they love.
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