Summary of Shopify Inc. (NYSE:SHOP) Ratings as of Jun 29, 2018

June 29, 2018 - By Julia Strobel

Shopify Inc. (NYSE:SHOP) Corporate Logo

Shopify Inc. (NYSE:SHOP) Ratings Coverage

In total 13 analysts cover Shopify (NYSE:SHOP). “Buy” rating has 8, “Sell” are 0, while 5 are “Hold”. 62% are bullish. 19 are the (NYSE:SHOP)’s analyst reports since January 30, 2018 according to StockzIntelligence Inc. On Thursday, February 15 the rating was maintained by Canaccord Genuity with “Buy”. The company rating was maintained by Piper Jaffray on Tuesday, May 1. On Friday, February 16 the firm has “Buy” rating by Robert W. Baird given. In Wednesday, May 9 report Canaccord Genuity maintained it with “Buy” rating and $160 target. On Thursday, March 22 the rating was maintained by KeyBanc Capital Markets with “Overweight”. On Tuesday, May 1 Robert W. Baird maintained Shopify Inc. (NYSE:SHOP) with “Buy” rating. On Monday, February 12 RBC Capital Markets maintained Shopify Inc. (NYSE:SHOP) rating. RBC Capital Markets has “Hold” rating and $103.0 target. On Monday, February 12 the stock has “Buy” rating by Wedbush. On Thursday, February 15 KeyBanc Capital Markets maintained Shopify Inc. (NYSE:SHOP) rating. KeyBanc Capital Markets has “Buy” rating and $150.0 target. On Wednesday, May 2 the rating was maintained by Barclays Capital with “Equal-Weight”. Listed here are Shopify Inc. (NYSE:SHOP) PTs and latest ratings.

19/06/2018 Broker: KeyBanc Capital Markets Old Rating: Overweight New Rating: Overweight Old Target: $170 New Target: $182 Maintain
22/05/2018 Broker: Morgan Stanley Rating: Hold New Target: $140.0000
10/05/2018 Broker: Credit Suisse Rating: Buy New Target: $149.0000
09/05/2018 Broker: Canaccord Genuity Old Rating: Buy New Rating: Buy Old Target: $155 New Target: $160 Maintain
01/05/2018 Broker: Robert W. Baird Rating: Buy New Target: $158.0000 Maintain
01/05/2018 Broker: Piper Jaffray Rating: Buy New Target: $155.0000 Maintain
02/05/2018 Broker: Barclays Capital Old Rating: Equal-Weight New Rating: Equal-Weight Old Target: $120 New Target: $125 Maintain
22/03/2018 Broker: KeyBanc Capital Markets Old Rating: Overweight New Rating: Overweight Old Target: $150 New Target: $170 Maintain
22/02/2018 Broker: Macquarie Research Rating: Buy New Target: $150.0 Maintain
16/02/2018 Broker: Stephens Rating: Hold New Target: $136.0 Maintain

SHOP is hitting $145.89 during the last trading session, after decreased 0.45%.Shopify Inc. has volume of 741,369 shares. Since June 29, 2017 SHOP has risen 59.21% and is uptrending. The stock outperformed the S&P 500 by 46.64%.

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 company has $15.49 billion market cap. 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.Currently it has 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 posted briefly go to: Seekingalpha.com, Seekingalpha.com, Nasdaq.com, Seekingalpha.com or Seekingalpha.com. The titles are as follows: “Shopify: A Long-Term Play” posted on June 19, 2018, “What Will Shopify Be Worth In 2023?” on June 12, 2018, “Square Stock Is So Hot It Won’t Be Long Before PayPal Strikes Back” with a publish date: June 28, 2018, “The Right Pattern For Shopify (Podcast)” and the last “How Charging Online State Taxes Will Ultimately Impact Shopify” with publication date: June 27, 2018.

Shopify Inc. (NYSE:SHOP) Analyst Ratings Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.





Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: