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

Shares of Coveo Solutions Inc. (TSE:CVOGet Free Report) have received a consensus recommendation of “Buy” from the eight ratings firms that are covering the company, Marketbeat Ratings reports. Eight investment analysts have rated the stock with a buy recommendation. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is C$13.25.

Several equities analysts have recently weighed in on the stock. Scotiabank raised their price objective on shares of Coveo Solutions from C$13.00 to C$14.00 and gave the company an “outperform” rating in a research report on Wednesday, January 31st. BMO Capital Markets raised their target price on shares of Coveo Solutions from C$12.50 to C$13.50 and gave the stock an “outperform” rating in a report on Tuesday, November 7th. Royal Bank of Canada raised their target price on shares of Coveo Solutions from C$14.00 to C$15.00 and gave the stock an “outperform” rating in a report on Tuesday, February 6th. TD Securities raised their target price on shares of Coveo Solutions from C$13.50 to C$15.00 and gave the stock a “buy” rating in a report on Tuesday, February 6th. Finally, Stifel Nicolaus increased their price target on shares of Coveo Solutions from C$14.00 to C$15.00 and gave the stock a “buy” rating in a research report on Tuesday, February 6th.

Check Out Our Latest Research Report on Coveo Solutions

Coveo Solutions Stock Performance

TSE:CVO opened at C$11.18 on Tuesday. Coveo Solutions has a twelve month low of C$6.02 and a twelve month high of C$12.48. The company has a current ratio of 2.44, a quick ratio of 3.14 and a debt-to-equity ratio of 5.37. The company has a 50-day moving average of C$9.52 and a 200-day moving average of C$10.27. The firm has a market cap of C$596.12 million, a price-to-earnings ratio of -28.67, a price-to-earnings-growth ratio of 0.09 and a beta of 1.00.

About Coveo Solutions

(Get Free Report

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.

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Analyst Recommendations for Coveo Solutions (TSE:CVO)

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