Shopify Inc. (TSE:SHO) Receives Consensus Rating of “Strong Buy” from Analysts

Shares of Shopify Inc. (TSE:SHO) have been assigned an average recommendation of “Strong Buy” from the thirteen brokerages that are covering the firm, Marketbeat.com reports. Three investment analysts have rated the stock with a hold recommendation and ten have given a strong buy recommendation to the company.

Several research firms have weighed in on SHO. Atb Cap Markets upgraded Shopify from a “hold” rating to a “strong-buy” rating in a research report on Thursday, May 8th. Capital One Financial raised shares of Shopify from a “hold” rating to a “strong-buy” rating in a research report on Thursday, May 8th. BMO Capital Markets upgraded shares of Shopify to a “strong-buy” rating in a research note on Tuesday, May 6th. Benchmark upgraded shares of Shopify from a “hold” rating to a “strong-buy” rating in a research report on Monday, February 10th. Finally, BNP Paribas cut shares of Shopify from a “strong-buy” rating to a “hold” rating in a report on Monday, May 5th.

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ICC Labs Inc is a medicinal and recreational cannabis producer based in South America. The firm primarily producing, researching and marketing cannabis for medical and recreational uses, and hemp-based products. The company’s operations are organized into two operating segments, Recreational segment and Cannabinoids Extraction segment.