Coveo Solutions Inc. (TSE:CVO – Get Free Report) has been assigned an average rating of “Moderate Buy” from the seven brokerages that are covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is C$8.50.
A number of equities research analysts recently commented on CVO shares. TD dropped their price objective on shares of Coveo Solutions from C$9.50 to C$6.50 and set a “buy” rating on the stock in a report on Thursday, May 28th. National Bank Financial lowered their target price on Coveo Solutions from C$7.00 to C$5.50 and set a “sector perform” rating for the company in a report on Wednesday, May 27th. BMO Capital Markets lowered their target price on Coveo Solutions from C$10.00 to C$6.00 and set an “outperform” rating for the company in a report on Thursday, May 28th. Finally, Stifel Nicolaus dropped their price target on Coveo Solutions from C$11.00 to C$9.00 and set a “buy” rating on the stock in a research note on Friday, May 29th.
Get Our Latest Stock Analysis on CVO
Coveo Solutions Trading Up 1.9%
Coveo Solutions (TSE:CVO – Get Free Report) last announced its quarterly earnings results on Wednesday, May 27th. The company reported C($0.03) earnings per share for the quarter. The company had revenue of C$54.02 million during the quarter. Coveo Solutions had a negative net margin of 19.27% and a negative return on equity of 26.89%. Sell-side analysts expect that Coveo Solutions will post -0.2144225 earnings per share for the current fiscal 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.
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