Coveo Solutions (TSE:CVO) Price Target Lowered to C$7.00 at National Bank Financial

Coveo Solutions (TSE:CVO) had its price target lowered by National Bank Financial from C$9.00 to C$7.00 in a report released on Monday morning,BayStreet.CA reports. The firm currently has a sector perform rating on the stock.

Separately, TD Securities dropped their target price on shares of Coveo Solutions from C$12.00 to C$9.50 and set a “buy” rating on the stock in a report on Friday, January 30th. Four equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of C$10.50.

Coveo Solutions Trading Down 2.0%

Coveo Solutions stock opened at C$4.42 on Monday. The company has a debt-to-equity ratio of 16.61, a current ratio of 1.47 and a quick ratio of 3.14. The firm has a 50-day moving average of C$4.81 and a 200-day moving average of C$5.93. The company has a market cap of C$416.04 million, a price-to-earnings ratio of -12.63, a P/E/G ratio of 0.09 and a beta of 1.31. Coveo Solutions has a one year low of C$4.12 and a one year high of C$9.53.

Coveo Solutions (TSE:CVO) last issued its earnings results on Thursday, January 29th. The company reported C($0.11) earnings per share (EPS) for the quarter. The firm had revenue of C$52.18 million during the quarter. Coveo Solutions had a negative net margin of 22.49% and a negative return on equity of 28.39%. On average, equities analysts expect that Coveo Solutions will post -0.2144225 earnings per share for the current fiscal year.

Coveo Solutions Company Profile

Coveo brings superior AI-Relevance to every point-of-experience, transforming how enterprises connect with their customers and employees to maximize business outcomes. Relevance is about moving from persona to person, the degree to which the enterprise-wide content, products, recommendations, and advice presented to a person online aligns easily with their context, needs, preferences, behavior and intent, setting the competitive experience gold standard. Every person’s journey is unique, and only AI can solve the complexity of tailoring experiences across massive, diverse audiences and large volumes and variety of content and products.