National Bankshares Cuts Coveo Solutions (TSE:CVO) Price Target to C$7.50

Coveo Solutions (TSE:CVO) had its target price cut by National Bankshares from C$8.50 to C$7.50 in a research report sent to investors on Friday,BayStreet.CA reports. They currently have an outperform rating on the stock.

Several other equities analysts also recently issued reports on the company. Royal Bank of Canada reduced their price objective on Coveo Solutions from C$11.00 to C$10.00 and set an “outperform” rating for the company in a research report on Tuesday, April 22nd. Stifel Nicolaus increased their price target on Coveo Solutions from C$10.00 to C$11.00 in a research note on Wednesday, February 12th. Eight investment analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus price target of C$10.63.

Coveo Solutions Stock Performance

Shares of CVO opened at C$6.08 on Friday. The company has a market cap of C$408.53 million, a price-to-earnings ratio of -37.50, a price-to-earnings-growth ratio of 0.09 and a beta of 0.75. The firm has a fifty day moving average of C$5.77 and a 200-day moving average of C$6.23. Coveo Solutions has a 1 year low of C$4.92 and a 1 year high of C$9.12. The company has a debt-to-equity ratio of 5.36, a quick ratio of 3.14 and a current ratio of 1.85.

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.