Coveo Solutions Inc. (TSE:CVO) Receives Consensus Rating of “Buy” from Analysts

Coveo Solutions Inc. (TSE:CVO) has earned a consensus rating of “Buy” from the eight research firms that are currently covering the stock, MarketBeat Ratings reports. Eight investment analysts have rated the stock with a buy rating. The average twelve-month price objective among analysts that have covered the stock in the last year is C$11.06.

Separately, Stifel Nicolaus boosted 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

Coveo Solutions stock opened at C$5.61 on Thursday. The company has a debt-to-equity ratio of 5.36, a quick ratio of 3.14 and a current ratio of 1.85. The stock’s 50 day simple moving average is C$6.05 and its two-hundred day simple moving average is C$6.25. Coveo Solutions has a fifty-two week low of C$4.92 and a fifty-two week high of C$9.98. The stock has a market cap of C$376.95 million, a price-to-earnings ratio of -34.60, a PEG ratio of 0.09 and a beta of 0.75.

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.