Octave Intelligence plc (NASDAQ:OCTV) Receives Consensus Rating of “Hold” from Analysts

Shares of Octave Intelligence plc (NASDAQ:OCTV) have received an average rating of “Hold” from the six analysts that are covering the firm, Marketbeat Ratings reports. Four research analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is $21.8333.

Several equities research analysts recently issued reports on OCTV shares. The Goldman Sachs Group began coverage on shares of Octave Intelligence in a research note on Monday, June 1st. They issued a “neutral” rating and a $17.00 target price for the company. Evercore started coverage on Octave Intelligence in a research note on Friday, June 12th. They issued an “in-line” rating and a $20.00 price objective on the stock. Barclays set a $18.00 price objective on Octave Intelligence and gave the company an “equal weight” rating in a research report on Thursday. Royal Bank Of Canada began coverage on Octave Intelligence in a research note on Tuesday, June 2nd. They set a “sector perform” rating and a $21.00 target price for the company. Finally, BNP Paribas Exane began coverage on Octave Intelligence in a report on Tuesday, June 2nd. They set an “outperform” rating and a $25.00 target price on the stock.

Octave Intelligence Price Performance

Shares of OCTV traded down $0.46 during midday trading on Thursday, reaching $16.08. The stock had a trading volume of 228,665 shares, compared to its average volume of 1,908,266. Octave Intelligence has a one year low of $15.90 and a one year high of $30.00.