Stifel Nicolaus Issues Positive Forecast for Coveo Solutions (TSE:CVO) Stock Price

Coveo Solutions (TSE:CVO) had its price target lifted by Stifel Nicolaus from C$10.00 to C$11.00 in a research report released on Wednesday morning,BayStreet.CA reports.

Coveo Solutions Trading Up 4.6 %

Shares of TSE:CVO opened at C$8.01 on Wednesday. Coveo Solutions has a 52 week low of C$5.07 and a 52 week high of C$11.80. The company’s 50 day moving average is C$6.46 and its two-hundred day moving average is C$6.32. The company has a current ratio of 1.71, a quick ratio of 3.14 and a debt-to-equity ratio of 6.05. The company has a market cap of C$431.18 million, a PE ratio of -26.70, a P/E/G ratio of 0.09 and a beta of 0.75.

About Coveo Solutions

Coveo Solutions Inc provides AI platforms that enable individualized, connected, and trusted digital experiences. The Relevance Cloud platform, an AI solution that integrates AI search, recommendations, GenAI answering, AI models, and analytics across various digital domains; and is designed for scale, security, and compliance and integrates into enterprise ecosystems as a cloud-native SaaS, multi-tenant, API-first, and headless platform.