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

Coveo Solutions Inc. (TSE:CVO - Get Free Report) has been assigned a consensus rating of "Buy" from the eight analysts that are currently covering the company, MarketBeat.com reports. Eight research analysts have rated the stock with a buy recommendation. The average 12 month target price among brokers that have issued ratings on the stock in the last year is C$11.06.

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

Coveo Solutions Trading Up 1.2 %

Shares of CVO stock traded up C$0.06 during trading hours on Friday, hitting C$5.19. 168,350 shares of the company were exchanged, compared to its average volume of 149,292. The firm has a fifty day moving average of C$6.46 and a 200 day moving average of C$6.36. The company has a quick ratio of 3.14, a current ratio of 1.85 and a debt-to-equity ratio of 5.36. Coveo Solutions has a 1 year low of C$5.01 and a 1 year high of C$10.80. The firm has a market cap of C$348.73 million, a PE ratio of -32.01, 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.