Octave Intelligence plc (NASDAQ:OCTV) Stock Has Consensus Price Target of $21.71 According to Brokerages

Shares of Octave Intelligence plc (NASDAQ:OCTV) have earned an average rating of “Hold” from the eight research firms that are presently covering the stock, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, five have given a hold recommendation and two have issued a buy recommendation on the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is $21.71.

A number of equities research analysts have recently issued reports on OCTV shares. Wall Street Zen raised shares of Octave Intelligence to a “hold” rating in a research report on Saturday, July 18th. Morgan Stanley initiated coverage on Octave Intelligence in a research note on Thursday, September 17th. They issued an “equal weight” rating and a $21.00 price target for the company. The Goldman Sachs Group began coverage on shares of Octave Intelligence in a report on Monday, June 1st. They issued a “neutral” rating and a $17.00 target price on the stock. Evercore started coverage on Octave Intelligence in a research report on Friday, June 12th. They set an “in-line” rating and a $20.00 price objective for the company. Finally, BNP Paribas Exane began coverage on Octave Intelligence in a report on Tuesday, June 2nd. They issued an “outperform” rating and a $25.00 target price on the stock.

Octave Intelligence Price Performance

Shares of OCTV stock opened at $18.83 on Friday. Octave Intelligence has a 12 month low of $15.41 and a 12 month high of $30.00. The firm’s 50 day simple moving average is $18.51.

Institutional Trading of Octave Intelligence

An institutional investor recently bought a new stake in Octave Intelligence stock. Ancora Advisors LLC bought a new stake in Octave Intelligence plc (NASDAQ:OCTV) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 54,080 shares of the company’s stock, valued at approximately $882,000.