Coveo Solutions Inc. (TSE:CVO – Get Free Report) has been given a consensus recommendation of “Buy” by the eight analysts that are presently covering the company, MarketBeat.com reports. Eight research analysts have rated the stock with a buy recommendation. The average 12 month price objective among brokerages that have covered the stock in the last year is C$13.75.
A number of brokerages have commented on CVO. Stifel Nicolaus upped their price objective on Coveo Solutions from C$14.00 to C$15.00 and gave the company a “buy” rating in a report on Tuesday, February 6th. Eight Capital upped their price target on shares of Coveo Solutions from C$13.50 to C$16.00 and gave the company a “buy” rating in a research note on Wednesday, February 21st. Scotiabank lifted their price objective on shares of Coveo Solutions from C$13.00 to C$14.00 and gave the stock an “outperform” rating in a research note on Wednesday, January 31st. Royal Bank of Canada increased their target price on shares of Coveo Solutions from C$14.00 to C$15.00 and gave the stock an “outperform” rating in a research report on Tuesday, February 6th. Finally, TD Securities raised their target price on shares of Coveo Solutions from C$13.50 to C$15.00 and gave the stock a “buy” rating in a report on Tuesday, February 6th.
View Our Latest Analysis on Coveo Solutions
Coveo Solutions Stock Up 1.4 %
Coveo Solutions (TSE:CVO – Get Free Report) last issued its quarterly earnings data on Monday, February 5th. The company reported C($0.08) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C($0.04) by C($0.04). The firm had revenue of C$43.24 million for the quarter, compared to the consensus estimate of C$43.26 million. Coveo Solutions had a negative return on equity of 13.31% and a negative net margin of 21.85%. On average, analysts forecast that Coveo Solutions will post -0.2144225 earnings per share for the current year.
Coveo Solutions Company Profile
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.
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