The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the online services peer group is "buy"
Wall Street's median 12-month price target for Shopify Inc. is C$210.00, about 21.1% above its August 4 closing price of C$173.41
The stock recently traded at 58 times the next 12-month earnings vs. a P/E of 61 three months ago
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