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

June 29, 2018 - By Alma Kearns

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 Wednesday, May 2 the rating was maintained by Barclays Capital with “Equal-Weight”. On Tuesday, January 30 Morgan Stanley maintained Shopify Inc. (NYSE:SHOP) rating. Morgan Stanley has “Equal-Weight” rating and $120 target. On Wednesday, May 9 the stock has “Buy” rating by Canaccord Genuity. On Friday, February 16 the firm earned “Hold” rating by Stephens. On Monday, February 12 the stock of Shopify Inc. (NYSE:SHOP) earned “Buy” rating by Roth Capital. On Thursday, February 15 SunTrust maintained Shopify Inc. (NYSE:SHOP) with “Hold” rating. On Monday, February 12 the company was maintained by Wedbush. In Thursday, February 15 report KeyBanc Capital Markets maintained the stock with “Buy” rating. On Thursday, February 15 the firm has “Buy” rating by Canaccord Genuity given. On Tuesday, June 19 the firm earned “Overweight” rating by KeyBanc Capital Markets. 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 hit $145.89 during the last trading session after $0.66 change.Currently Shopify Inc. is uptrending after 59.21% change in last June 29, 2017. SHOP has also 741,369 shares volume. SHOP outperformed by 46.64% the S&P500.

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 valued at $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.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 posted briefly go to: Seekingalpha.com, Fool.com, Fool.com, Schaeffersresearch.com or Seekingalpha.com. The titles are as follows: “The Right Pattern For Shopify (Podcast)” posted on June 19, 2018, “Does Shopify Have a New Facebook Problem?” on June 14, 2018, “3 Growth Stocks That Could Put Shopify’s Returns to Shame” with a publish date: June 19, 2018, “Shopify Stock Still Spiraling Post-SCOTUS Ruling” and the last “Shopify: A Long-Term Play” with publication date: June 19, 2018.

Shopify Inc. (NYSE:SHOP) Analyst Ratings Chart

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