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

Shares of Octave Intelligence plc (NASDAQ:OCTV) have been given an average rating of “Hold” by the six research firms that are covering the firm, Marketbeat Ratings reports. Four investment analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is $21.8333.

A number of research firms have weighed in on OCTV. The Goldman Sachs Group started coverage on Octave Intelligence in a research report on Monday, June 1st. They issued a “neutral” rating and a $17.00 target price for the company. Royal Bank Of Canada began coverage on Octave Intelligence in a research note on Tuesday, June 2nd. They issued a “sector perform” rating and a $21.00 price objective on the stock. Guggenheim assumed coverage on Octave Intelligence in a report on Thursday, May 28th. They issued a “buy” rating and a $30.00 price objective for the company. Barclays initiated coverage on shares of Octave Intelligence in a research report on Thursday, June 18th. They issued an “equal weight” rating and a $18.00 price target on the stock. Finally, Evercore initiated coverage on Octave Intelligence in a report on Friday, June 12th. They issued an “in-line” rating and a $20.00 price target on the stock.

Octave Intelligence Stock Performance

Octave Intelligence stock opened at $17.00 on Monday. Octave Intelligence has a 12-month low of $15.61 and a 12-month high of $30.00.