30-04-2025
RBC Capital Sticks to Their Buy Rating for VerticalScope Holdings (FORA)
In a report released yesterday, Drew Mcreynolds from RBC Capital maintained a Buy rating on VerticalScope Holdings (FORA – Research Report), with a price target of C$9.00.
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According to TipRanks, Mcreynolds is a 4-star analyst with an average return of 2.5% and a 51.36% success rate. Mcreynolds covers the Communication Services sector, focusing on stocks such as BCE, Rogers Communication, and Telus.
VerticalScope Holdings has an analyst consensus of Moderate Buy, with a price target consensus of C$9.71.
Based on VerticalScope Holdings' latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of C$19.85 million and a GAAP net loss of C$661 thousand. In comparison, last year the company earned a revenue of C$17.85 million and had a net profit of C$2.07 million
Based on the recent corporate insider activity of 29 insiders, corporate insider sentiment is neutral on the stock.
