Shopify Inc. (NYSE:SHOP) Ratings Coverage

In total 10 analysts cover Shopify (NYSE:SHOP). “Buy” rating has 8, “Sell” are 0, while 2 are “Hold”. (NYSE:SHOP) has 80% bullish analysts. With $230 highest and $150 lowest price target, Shopify has $194.44 average price target or -1.12% below the current ($196.65) price. 13 are the (NYSE:SHOP)’s ratings reports on Apr 7, 2019 according to StockzIntelligence Inc. On Wednesday, February 13 Canaccord Genuity maintained Shopify Inc. (NYSE:SHOP) rating. Canaccord Genuity has “Buy” rating and $190 target. On Thursday, March 7 RBC Capital Markets maintained the shares of SHOP in report with “Buy” rating. On Wednesday, February 13 the stock of Shopify Inc. (NYSE:SHOP) earned “Buy” rating by DA Davidson. On Wednesday, February 13 the stock of Shopify Inc. (NYSE:SHOP) has “Outperform” rating given by RBC Capital Markets. On Wednesday, February 13 Raymond James maintained Shopify Inc. (NYSE:SHOP) with “Outperform” rating. On Monday, February 11 the firm earned “Outperform” rating by Wedbush. On Wednesday, February 13 the firm earned “Equal-Weight” rating by Morgan Stanley. The company rating was upgraded by DA Davidson on Friday, December 21. On Tuesday, March 19 the stock has “Hold” rating by Jefferies. On Wednesday, February 13 the stock of Shopify Inc. (NYSE:SHOP) has “Overweight” rating given by KeyBanc Capital Markets. Listed here are Shopify Inc. (NYSE:SHOP) PTs and latest ratings.

19/03/2019 Broker: Jefferies Rating: Hold New Target: $175 Maintain
07/03/2019 Broker: RBC Capital Markets Rating: Buy New Target: $230 Maintain
14/02/2019 Broker: Rosenblatt Rating: Buy
13/02/2019 Broker: Morgan Stanley Old Rating: Equal-Weight New Rating: Equal-Weight Old Target: $158 New Target: $173 Maintain
13/02/2019 Broker: Raymond James Rating: Outperform Old Target: $155 New Target: $180 Maintain
13/02/2019 Broker: Canaccord Genuity Old Rating: Buy New Rating: Buy Old Target: $165 New Target: $190 Maintain
13/02/2019 Broker: KeyBanc Capital Markets Old Rating: Overweight New Rating: Overweight Old Target: $182 New Target: $197 Maintain
13/02/2019 Broker: Wells Fargo Old Rating: Outperform New Rating: Outperform Old Target: $175 New Target: $195 Maintain
13/02/2019 Broker: DA Davidson Old Rating: Buy New Rating: Buy Old Target: $150 New Target: $210 Maintain
13/02/2019 Broker: RBC Capital Markets Old Rating: Sector Perform New Rating: Outperform Old Target: $180 New Target: $230 Upgrade

SHOP hit $196.65 during the last trading session after $1.9 change.Shopify Inc. is uptrending after having risen 36.26% since April 7, 2018. SHOP has 1.49M volume or 3.40% up from normal. SHOP outperformed by 31.89% the S&P 500.

Shopify Inc. provides a cloud-based multi-channel commerce platform for small and medium-sized businesses in Canada, the United States, the United Kingdom, Australia, and internationally.The firm is worth $21.86 billion. The Company’s platform provides merchants with a single view of their business and clients in various sales channels, including Web and mobile storefronts, physical retail locations, social media storefronts, and marketplaces; and enables them to manage products and inventory, process orders and payments, ship orders, build customer relationships, and leverage analytics and reporting.Last it reported negative earnings. The firm was formerly known as Jaded Pixel Technologies Inc. and changed its name to Shopify Inc. in November 2011.

For more Shopify Inc. (NYSE:SHOP) news released recently go to: Fool.com, Nasdaq.com, Seekingalpha.com, Investorplace.com or Fool.com. The titles are as follows: “Shopify Stock Gets a Timely Boost – The Motley Fool” released on April 05, 2019, “Why Is Shopify (SHOP) Up 19.5% Since Last Earnings Report? – Nasdaq” on March 14, 2019, “Citron expects Shopify to crater – Seeking Alpha” with a publish date: April 04, 2019, “Right Now Shopify Stock Looks Ready for a Big Fall – Investorplace.com” and the last “Square’s Finally Putting Its Weebly Acquisition to Use – The Motley Fool” with publication date: March 24, 2019.