SHOPIFY INC - CLASS A (SHOP.CA) Stock Analyst Ratings
TSX:SHOP - Toronto Stock Exchange - CA82509L1076 - Common Stock - Currency: CAD
ChartMill assigns a Buy % Consensus number of 76% to SHOP.CA. The Buy consensus is the weighted average rating of the current analysts ratings.
Analysts have set a mean price target forecast of 175.27. This target is 6.56% above the current price.
SHOP.CA was analyzed by 54 analysts. The buy percentage consensus is at 76. So analysts seem to be have mildly positive about SHOP.CA.
In the previous month the buy percentage consensus was at a similar level.
SHOP.CA was analyzed by 54 analysts, which is quite many. So the average rating should be quite meaningful.
Price Target & Forecast
| Date | Firm | Action | Rating |
|---|---|---|---|
| 2022-11-24 | STA Research | Upgrade | Buy |
| 2022-10-28 | TD Research | Upgrade | Hold |
| 2022-08-05 | STA Research | Upgrade | Buy |
| 2022-08-03 | Morningstar | Maintains | Hold |
| 2022-07-28 | TD Research | Downgrade | Hold |
| 2022-07-28 | ATB Capital | Downgrade | |
| 2022-07-21 | Morningstar | Downgrade | Hold |
| 2022-07-18 | STA Research | Maintains | Buy |
| 2022-07-18 | Piper Sandler | Downgrade | Neutral |
| 2022-06-30 | National Bank of Canada Financial | Initiate | Outperform |
| 2022-06-30 | Morningstar | Upgrade | Buy |
| 2022-06-09 | Morningstar | Initiate | Hold |
| 2022-05-31 | Morningstar | Maintains | Hold |
| 2022-05-31 | STA Research | Reiterate | Buy |
| 2022-05-06 | RBC Royalbank | Downgrade | Outperform |
| 2022-05-06 | National Bank of Canada Financial | Downgrade | Outperform |
| 2022-05-06 | TD Research | Downgrade | Hold |
| 2022-05-06 | Morningstar | Maintains | Hold |
| 2022-04-25 | RBC Royalbank | Downgrade | Outperform |
| 2022-04-25 | STA Research | Downgrade | Buy |
| 2022-03-17 | Zacks Investment Research | Maintains | Hold |
| 2022-03-17 | Morningstar | Maintains | Hold |
| 2022-03-09 | Morningstar | Maintains | Buy |
| 2022-03-09 | STA Research | Upgrade | Strong Buy |
| 2022-02-17 | Deutsche Bank Capital | Downgrade | Hold |
| 2022-02-17 | RBC Royalbank | Upgrade | Outperform |
| 2022-02-17 | TD Research | Downgrade | Hold |
| 2022-02-17 | Morningstar | Maintains | Hold |
| 2022-02-17 | ATB Capital | Downgrade | |
| 2022-02-07 | RBC Royalbank | Downgrade | Outperform |