Coveo Solutions (TSE:CVO) Given New C$11.00 Price Target at Stifel Nicolaus

Coveo Solutions (TSE:CVO) had its price objective hoisted by equities research analysts at Stifel Nicolaus from C$10.00 to C$11.00 in a research note issued on Wednesday,BayStreet.CA reports. Stifel Nicolaus’ price target would suggest a potential upside of 40.13% from the stock’s previous close.

Coveo Solutions Trading Up 2.5 %

TSE:CVO traded up C$0.19 during trading hours on Wednesday, hitting C$7.85. 490,941 shares of the company were exchanged, compared to its average volume of 125,845. The stock has a market capitalization of C$422.57 million, a price-to-earnings ratio of -26.17, a price-to-earnings-growth ratio of 0.09 and a beta of 0.75. The company has a current ratio of 1.71, a quick ratio of 3.14 and a debt-to-equity ratio of 6.05. Coveo Solutions has a one year low of C$5.07 and a one year high of C$11.80. The company has a fifty day simple moving average of C$6.43 and a 200 day simple moving average of C$6.30.

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.