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

Shares of Coveo Solutions Inc. (TSE:CVO) have earned a consensus rating of “Buy” from the eight ratings firms that are presently covering the stock, Marketbeat Ratings reports. Eight analysts have rated the stock with a buy recommendation. The average 1 year price objective among brokerages that have issued a report on the stock in the last year is C$11.06.

Separately, Stifel Nicolaus lifted 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 Price Performance

TSE:CVO opened at C$7.21 on Wednesday. The company has a 50 day moving average price of C$6.51 and a 200-day moving average price of C$6.34. Coveo Solutions has a 1-year low of C$5.07 and a 1-year high of C$11.80. The firm has a market cap of C$484.46 million, a price-to-earnings ratio of -44.47, a price-to-earnings-growth ratio of 0.09 and a beta of 0.75. 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.