Coveo Solutions Inc. (TSE:CVO) Receives Consensus Rating of "Buy" from Analysts

Shares of Coveo Solutions Inc. (TSE:CVO - Get Free Report) have been given an average rating of "Buy" by the eight research firms that are currently covering the company, MarketBeat Ratings reports. Eight research analysts have rated the stock with a buy rating. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is C$11.06.

Separately, Stifel Nicolaus boosted 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 2.7 %

TSE CVO traded up C$0.14 on Thursday, reaching C$5.37. The stock had a trading volume of 224,250 shares, compared to its average volume of 141,463. Coveo Solutions has a 12-month low of C$4.92 and a 12-month high of C$10.02. The stock has a fifty day moving average price of C$6.13 and a two-hundred day moving average price of C$6.28. The firm has a market capitalization of C$360.82 million, a price-to-earnings ratio of -33.12, a P/E/G ratio of 0.09 and a beta of 0.75. 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 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.