Scotia Analysts Give Coveo Solutions (TSE:CVO) a C$5.00 Price Target

Scotia set a C$5.00 price objective on Coveo Solutions (TSE:CVO) in a research note released on Tuesday morning,BayStreet reports. The brokerage currently has a sector perform rating on the stock.

Separately, TD increased their price objective on shares of Coveo Solutions from C$6.50 to C$7.00 and gave the stock a “buy” rating in a report on Friday, July 31st. Five research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of C$7.57.

Coveo Solutions Trading Down 0.7%

TSE:CVO opened at C$4.44 on Tuesday. The firm has a market capitalization of C$412.64 million, a P/E ratio of -22.20, a P/E/G ratio of 0.09 and a beta of 1.40. The business has a 50 day simple moving average of C$4.33 and a 200 day simple moving average of C$4.33. The company has a debt-to-equity ratio of 17.00, a current ratio of 1.39 and a quick ratio of 3.14. Coveo Solutions has a 12-month low of C$3.59 and a 12-month high of C$8.94.

Coveo Solutions (TSE:CVO) last issued its earnings results on Thursday, July 30th. The company reported C($0.09) earnings per share for the quarter. The company had revenue of C$54.77 million during the quarter. Coveo Solutions had a negative return on equity of 19.77% and a negative net margin of 12.74%. Equities research analysts predict that Coveo Solutions will post -0.2144225 EPS for the current year.

Coveo Solutions Company Profile

Coveo brings superior AI-Relevance to every point-of-experience, transforming how enterprises connect with their customers and employees to maximize business outcomes. Relevance is about moving from persona to person, the degree to which the enterprise-wide content, products, recommendations, and advice presented to a person online aligns easily with their context, needs, preferences, behavior and intent, setting the competitive experience gold standard. Every person’s journey is unique, and only AI can solve the complexity of tailoring experiences across massive, diverse audiences and large volumes and variety of content and products.