Octave Intelligence plc (NASDAQ:OCTV) Receives Average Rating of “Hold” from Analysts

Shares of Octave Intelligence plc (NASDAQ:OCTV) have earned an average rating of “Hold” from the six brokerages that are currently covering the firm, MarketBeat.com reports. Four research analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company. The average 12 month price objective among brokerages that have covered the stock in the last year is $21.8333.

A number of equities analysts have recently weighed in on OCTV shares. BNP Paribas Exane initiated coverage on Octave Intelligence in a research note on Tuesday, June 2nd. They set an “outperform” rating and a $25.00 target price on the stock. Barclays set a $18.00 price target on Octave Intelligence and gave the company an “equal weight” rating in a research note on Thursday. Guggenheim assumed coverage on Octave Intelligence in a research report on Thursday, May 28th. They set a “buy” rating and a $30.00 price objective on the stock. Royal Bank Of Canada began coverage on Octave Intelligence in a report on Tuesday, June 2nd. They set a “sector perform” rating and a $21.00 target price for the company. Finally, Evercore started coverage on shares of Octave Intelligence in a research report on Friday, June 12th. They issued an “in-line” rating and a $20.00 target price for the company.

Octave Intelligence Stock Performance

OCTV stock traded down $0.46 during mid-day trading on Thursday, hitting $16.08. 228,665 shares of the company were exchanged, compared to its average volume of 1,908,266. Octave Intelligence has a 1-year low of $15.90 and a 1-year high of $30.00.