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

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

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

Coveo Solutions Price Performance

CVO stock opened at C$5.64 on Friday. The stock’s 50 day moving average price is C$6.50 and its 200 day moving average price is C$6.38. The firm has a market cap of C$378.96 million, a P/E ratio of -34.79, a PEG ratio of 0.09 and a beta of 0.75. The company has a debt-to-equity ratio of 5.36, a quick ratio of 3.14 and a current ratio of 1.85. Coveo Solutions has a 1 year low of C$5.07 and a 1 year high of C$11.13.

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.