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Coveo Solutions (CVO) Stock Forecast & Price Target

Coveo Solutions logo
C$6.80 +0.04 (+0.59%)
(As of 11/21/2024 ET)

Coveo Solutions - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
0
Hold
0
Buy
8

Based on 8 Wall Street analysts who have issued ratings for Coveo Solutions in the last 12 months, the stock has a consensus rating of "Buy." Out of the 8 analysts, 8 have given a buy rating for CVO.

Consensus Price Target

C$10.94
60.85% Upside
According to the 8 analysts' twelve-month price targets for Coveo Solutions, the average price target is C$10.94. The highest price target for CVO is C$13.50, while the lowest price target for CVO is C$10.00. The average price target represents a forecasted upside of 60.85% from the current price of C$6.80.
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CVO Analyst Ratings Over Time

TypeCurrent Forecast
11/22/23 to 11/21/24
1 Month Ago
10/23/23 to 10/22/24
3 Months Ago
8/24/23 to 8/23/24
1 Year Ago
11/22/22 to 11/22/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
8 Buy rating(s)
8 Buy rating(s)
9 Buy rating(s)
7 Buy rating(s)
Hold
0 Hold rating(s)
0 Hold rating(s)
0 Hold rating(s)
1 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price TargetC$10.94C$10.94C$10.94C$12.69
Forecasted Upside60.85% Upside98.50% Upside77.56% Upside14.72% Upside
Consensus Rating
Buy
Buy
Buy
Moderate Buy

CVO Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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CVO Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Coveo Solutions Stock vs. The Competition

TypeCoveo SolutionsComputer and Technology Companies
Consensus Rating Score
3.00
2.68
Consensus RatingBuyModerate Buy
News Sentiment Rating
Neutral News

See Recent CVO News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
8/8/2024Stifel Nicolaus
4 of 5 stars
 Lower TargetC$12.00 ➝ C$10.00+63.40%
8/8/2024Royal Bank of Canada
4 of 5 stars
 Lower TargetC$13.00 ➝ C$11.00+79.74%
8/8/2024BMO Capital Markets
4 of 5 stars
 Lower TargetC$10.50 ➝ C$10.00+63.40%
8/8/2024TD Securities
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 Lower TargetBuyC$12.00 ➝ C$11.00+79.74%
7/15/2024Canaccord Genuity Group
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D. Taylor
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Lower TargetBuyC$12.00 ➝ C$11.00+58.50%
6/4/2024Scotiabank
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 Lower TargetOutperformC$14.00 ➝ C$11.00+57.14%
6/4/2024Eight Capital
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 Lower TargetBuyC$16.00 ➝ C$13.50+92.86%
6/4/2024National Bankshares
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 Lower TargetOutperformC$14.00 ➝ C$10.00+42.86%
9/20/2023Stifel Canada
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S. Sukumar
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Reiterated RatingBuy
5/31/2023UBS Group
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 Lower TargetC$10.00 ➝ C$7.50+7.14%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 09:38 PM ET.


CVO Forecast - Frequently Asked Questions

According to the research reports of 8 Wall Street equities research analysts, the average twelve-month stock price forecast for Coveo Solutions is C$10.94, with a high forecast of C$13.50 and a low forecast of C$10.00.

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Coveo Solutions in the last twelve months. There are currently 8 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" CVO shares.

According to analysts, Coveo Solutions's stock has a predicted upside of 60.85% based on their 12-month stock forecasts.

Analysts like Coveo Solutions more than other "computer and technology" companies. The consensus rating for Coveo Solutions is Buy while the average consensus rating for "computer and technology" companies is Moderate Buy. Learn more on how CVO compares to other companies.


This page (TSE:CVO) was last updated on 11/21/2024 by MarketBeat.com Staff
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