Coveo Solutions (TSE:CVO) Stock Price Expected to Rise, Stifel Nicolaus Analyst Says

Coveo Solutions (TSE:CVO) had its price objective raised by equities research analysts at Stifel Nicolaus from C$10.00 to C$11.00 in a report issued on Wednesday,BayStreet.CA reports. Stifel Nicolaus’ price target suggests a potential upside of 46.67% from the stock’s current price.

Coveo Solutions Stock Performance

TSE:CVO opened at C$7.50 on Wednesday. The business has a 50 day moving average of C$6.46 and a 200 day moving average of C$6.32. The company has a market capitalization of C$503.94 million, a price-to-earnings ratio of -46.26, a PEG ratio of 0.09 and a beta of 0.75. Coveo Solutions has a 1-year low of C$5.07 and a 1-year high of C$11.80. The company has a debt-to-equity ratio of 5.36, a current ratio of 1.85 and a quick ratio of 3.14.

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.