Coveo Solutions Inc. (TSE:CVO) Given Average Rating of “Buy” by Brokerages

Shares of Coveo Solutions Inc. (TSE:CVO) have been given a consensus recommendation of “Buy” by the eight analysts that are covering the company, Marketbeat.com reports. Eight analysts have rated the stock with a buy rating. The average 1 year target price among analysts that have issued ratings on the stock in the last year is C$11.06.

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

Coveo Solutions Price Performance

Shares of TSE:CVO opened at C$5.13 on Friday. Coveo Solutions has a 12 month low of C$5.01 and a 12 month high of C$10.80. The firm has a market capitalization of C$344.70 million, a price-to-earnings ratio of -31.64, 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$6.39 and its 200-day simple moving average is C$6.34. The company has a debt-to-equity ratio of 5.36, a current ratio of 1.85 and a quick ratio of 3.14.

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.