Coveo Solutions (TSE:CVO) Price Target Raised to C$13.00

Coveo Solutions (TSE:CVO) had its price objective raised by Stifel Nicolaus from C$11.00 to C$13.00 in a report released on Wednesday,BayStreet.CA reports. Stifel Nicolaus currently has a buy rating on the stock.

CVO has been the topic of several other reports. National Bankshares lowered their price target on shares of Coveo Solutions from C$8.50 to C$7.50 and set an “outperform” rating on the stock in a research note on Friday, April 25th. Canaccord Genuity Group lifted their price target on shares of Coveo Solutions from C$11.00 to C$12.00 and gave the company a “buy” rating in a research note on Wednesday. Finally, Royal Bank of Canada lowered their price target on shares of Coveo Solutions from C$11.00 to C$10.00 and set an “outperform” rating on the stock in a research note on Tuesday, April 22nd. Nine research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company has an average rating of “Buy” and an average target price of C$11.00.

Coveo Solutions Stock Down 0.7%

Shares of CVO stock opened at C$6.89 on Wednesday. The company has a current ratio of 1.85, a quick ratio of 3.14 and a debt-to-equity ratio of 5.36. Coveo Solutions has a 1 year low of C$4.92 and a 1 year high of C$8.30. The firm’s fifty day moving average price is C$5.96 and its two-hundred day moving average price is C$6.36. The firm has a market capitalization of C$462.95 million, a P/E ratio of -42.50, a PEG ratio of 0.09 and a beta of 0.75.

About Coveo Solutions

Coveo Solutions Inc is an AI-powered platform. It provides applied AI solutions enabling enterprises to deliver relevant digital experiences at scale. The company’s solutions provide value to its customers by helping drive revenue growth, reduce customer support costs, increase customer satisfaction and website engagement, and improve employee proficiency and satisfaction.