Coveo Solutions Inc. (TSE:CVO) Receives Average Rating of “Buy” from Analysts

Coveo Solutions Inc. (TSE:CVO) has earned a consensus rating of “Buy” from the eight brokerages that are covering the company, MarketBeat Ratings reports. Eight investment analysts have rated the stock with a buy recommendation. The average 1-year price objective among brokerages that have covered the stock in the last year is C$10.63.

Several brokerages recently commented on CVO. National Bankshares reduced their price target on Coveo Solutions from C$8.50 to C$7.50 and set an “outperform” rating for the company in a research report on Friday. Royal Bank of Canada dropped their price objective on Coveo Solutions from C$11.00 to C$10.00 and set an “outperform” rating on the stock in a research note on Tuesday, April 22nd. Finally, Stifel Nicolaus boosted 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 0.2 %

Shares of CVO stock opened at C$6.08 on Monday. The firm’s fifty day moving average price is C$5.77 and its two-hundred day moving average price is C$6.23. Coveo Solutions has a 1 year low of C$4.92 and a 1 year high of C$9.12. The company has a current ratio of 1.85, a quick ratio of 3.14 and a debt-to-equity ratio of 5.36. The firm has a market capitalization of C$408.53 million, a P/E ratio of -37.50, a PEG ratio of 0.09 and a beta of 0.75.

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.