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

June 29, 2018 - By Mark Williams

Shopify Inc. (NYSE:SHOP) Corporate Logo

Shopify Inc. (NYSE:SHOP) Ratings Coverage

Total analysts of 13 have positions in Shopify (NYSE:SHOP) as follows: 8 rated it a “Buy”, 0 with “Sell” and 5 with “Hold”. The positive are 62%. Since January 30, 2018 according to StockzIntelligence Inc Shopify has 19 analyst reports. On Tuesday, May 1 the company was maintained by Robert W. Baird. On Friday, February 16 the stock of Shopify Inc. (NYSE:SHOP) has “Hold” rating given by Stephens. The stock rating was maintained by Roth Capital with “Buy” on Monday, February 12. In Tuesday, June 19 report KeyBanc Capital Markets maintained the stock with “Overweight” rating. In Wednesday, May 9 report Canaccord Genuity maintained it with “Buy” rating and $160 target. In Thursday, February 15 report SunTrust maintained it with “Hold” rating and $132.0 target. On Tuesday, May 1 the firm has “Buy” rating given by Piper Jaffray. On Friday, February 16 the firm has “Buy” rating by Robert W. Baird given. The company rating was maintained by Morgan Stanley on Tuesday, January 30. The stock rating was maintained by KeyBanc Capital Markets with “Buy” on Thursday, February 15. 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

Ticker’s shares touched $145.89 during the last trading session after 0.45% change.Shopify Inc. has volume of 741,369 shares. Since June 29, 2017 SHOP has risen 59.21% and is uptrending. SHOP outperformed by 46.64% 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 $15.49 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.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 announced recently go to: Seekingalpha.com, Nasdaq.com, Fool.com, Seekingalpha.com or Fool.com. The titles are as follows: “How Charging Online State Taxes Will Ultimately Impact Shopify” announced on June 27, 2018, “Square Stock Is So Hot It Won’t Be Long Before PayPal Strikes Back” on June 28, 2018, “The Competition Just Ramped Up for Shopify and Square” with a publish date: June 02, 2018, “Tech In Spotlight (For Better Or Worse) – Today’s Editors’ Picks” and the last “3 Stocks to Hold for the Next 20 Years” with publication date: June 27, 2018.

Shopify Inc. (NYSE:SHOP) Analyst Ratings Chart

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