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

Shares of Coveo Solutions Inc. (TSE:CVO) have been assigned an average recommendation of “Buy” from the eight brokerages that are currently covering the firm, MarketBeat Ratings reports. Eight analysts have rated the stock with a buy rating. The average 12-month price objective among brokers that have issued a report on the stock in the last year is C$11.06.

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

Coveo Solutions Stock Performance

CVO stock opened at C$5.80 on Thursday. The firm has a 50 day moving average of C$6.20 and a two-hundred day moving average of C$6.29. Coveo Solutions has a 12 month low of C$5.01 and a 12 month high of C$10.02. The company has a market capitalization of C$389.71 million, a price-to-earnings ratio of -35.78, a P/E/G ratio of 0.09 and a beta of 0.75. The company has a quick ratio of 3.14, a current ratio of 1.85 and a debt-to-equity ratio of 5.36.

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.