VerticalScope (TSE:FORA – Get Free Report) had its price objective hoisted by equities research analysts at National Bankshares from C$13.00 to C$15.00 in a report released on Friday,BayStreet.CA reports. The brokerage currently has an “outperform” rating on the stock. National Bankshares’ target price indicates a potential upside of 51.21% from the stock’s previous close.
Several other equities analysts have also recently weighed in on FORA. Canaccord Genuity Group raised their price objective on VerticalScope from C$14.00 to C$17.00 in a report on Thursday, November 14th. CIBC raised their price objective on VerticalScope from C$10.00 to C$17.00 in a report on Monday, February 10th. Eight Capital raised their price objective on VerticalScope from C$15.00 to C$18.00 in a report on Monday, December 2nd. Raymond James lifted their price target on VerticalScope from C$13.00 to C$14.50 and gave the stock an “outperform” rating in a report on Friday. Finally, TD Securities lifted their price target on VerticalScope from C$17.00 to C$18.00 and gave the stock a “buy” rating in a report on Friday.
Check Out Our Latest Research Report on VerticalScope
VerticalScope Price Performance
Insiders Place Their Bets
In other VerticalScope news, Senior Officer Brandon Seibel sold 12,500 shares of the firm’s stock in a transaction that occurred on Monday, January 20th. The shares were sold at an average price of C$11.00, for a total transaction of C$137,500.00. Also, Director Rob Laidlaw sold 3,300 shares of the firm’s stock in a transaction that occurred on Wednesday, January 8th. The stock was sold at an average price of C$10.76, for a total transaction of C$35,501.40. Insiders sold 25,550 shares of company stock worth $295,321 over the last three months. Insiders own 37.10% of the company’s stock.
About VerticalScope
VerticalScope is a technology company that has built and operates a cloud-based digital platform for online enthusiast communities in high-consumer spending categories. VerticalScope’s mission is to enable people with common interests to connect, explore their passions and share knowledge about the things they love.
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