Brokerages Set Coveo Solutions Inc. (TSE:CVO) Target Price at C$11.06

Coveo Solutions Inc. (TSE:CVO) has received an average recommendation of “Buy” from the eight ratings firms that are covering the firm, Marketbeat.com reports. Eight equities research analysts have rated the stock with a buy recommendation. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is C$11.06.

Separately, Stifel Nicolaus boosted their price objective on shares of Coveo Solutions from C$10.00 to C$11.00 in a research report on Wednesday.

Coveo Solutions Price Performance

CVO stock opened at C$7.52 on Wednesday. The stock has a market cap of C$505.29 million, a PE ratio of -46.39, a P/E/G ratio of 0.09 and a beta of 0.75. The company has a current ratio of 1.85, a quick ratio of 3.14 and a debt-to-equity ratio of 5.36. Coveo Solutions has a 12 month low of C$5.07 and a 12 month high of C$11.80. The company has a 50-day moving average price of C$6.50 and a 200 day moving average price of C$6.33.

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.