Docebo (TSE:DCBO) Upgraded to Outperform at ATB Capital

Docebo (TSE:DCBO) was upgraded by equities researchers at ATB Capital from a “sector perform” rating to an “outperform” rating in a report issued on Monday,BayStreet.CA reports.

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

Docebo Stock Up 1.9 %

TSE DCBO traded up C$0.90 during trading hours on Monday, hitting C$47.30. The company had a trading volume of 40,304 shares, compared to its average volume of 47,716. Docebo has a fifty-two week low of C$40.30 and a fifty-two week high of C$75.08. The company has a market capitalization of C$1.01 billion, a price-to-earnings ratio of 56.23 and a beta of 1.36. The company has a debt-to-equity ratio of 4.50, a current ratio of 1.13 and a quick ratio of 3.25. The firm’s 50 day moving average is C$60.89 and its 200 day moving average is C$62.52.

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.