Coveo Solutions Inc. (TSE:CVO) Receives C$11.06 Average Price Target from Brokerages

Coveo Solutions Inc. (TSE:CVO) has been given a consensus rating of “Buy” by the eight ratings firms that are covering the stock, Marketbeat.com reports. Eight equities research analysts have rated the stock with a buy recommendation. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is C$11.06.

Separately, Stifel Nicolaus increased their target price on Coveo Solutions from C$10.00 to C$11.00 in a report on Wednesday, February 12th.

Coveo Solutions Stock Down 1.3 %

Shares of TSE:CVO opened at C$5.13 on Friday. The business’s 50-day moving average is C$6.41 and its 200-day moving average is C$6.35. Coveo Solutions has a 1 year low of C$5.01 and a 1 year high of C$10.80. The company has a market capitalization of C$344.70 million, a price-to-earnings ratio of -31.64, a P/E/G ratio of 0.09 and a beta of 0.75. The company has a debt-to-equity ratio of 5.36, a current ratio of 1.85 and a quick ratio of 3.14.

Coveo Solutions Company Profile

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.