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

Coveo Solutions Inc. (TSE:CVO) has received an average recommendation of “Buy” from the eight ratings firms that are presently 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 analysts that have issued ratings on the stock in the last year is C$11.06.

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

Coveo Solutions Trading Down 3.0 %

TSE:CVO opened at C$5.23 on Thursday. The company has a debt-to-equity ratio of 5.36, a current ratio of 1.85 and a quick ratio of 3.14. The stock has a market capitalization of C$351.42 million, a PE ratio of -32.26, a price-to-earnings-growth ratio of 0.09 and a beta of 0.75. The business’s 50-day simple moving average is C$6.15 and its 200-day simple moving average is C$6.28. Coveo Solutions has a fifty-two week low of C$5.01 and a fifty-two week high of C$10.02.

About Coveo Solutions

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.