Octave Intelligence plc (NASDAQ:OCTV) Given Average Recommendation of “Hold” by Analysts

Octave Intelligence plc (NASDAQ:OCTV) has been given an average recommendation of “Hold” by the six analysts that are presently covering the stock, MarketBeat Ratings reports. Four research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The average 12 month target price among brokers that have issued ratings on the stock in the last year is $21.8333.

OCTV has been the subject of a number of research reports. Barclays assumed coverage on shares of Octave Intelligence in a report on Thursday, June 18th. They set an “equal weight” rating and a $18.00 target price for the company. Wall Street Zen upgraded Octave Intelligence to a “hold” rating in a research report on Saturday, July 18th. Royal Bank Of Canada initiated coverage on Octave Intelligence in a research note on Tuesday, June 2nd. They set a “sector perform” rating and a $21.00 price objective for the company. Evercore assumed coverage on Octave Intelligence in a report on Friday, June 12th. They issued an “in-line” rating and a $20.00 target price on the stock. Finally, Guggenheim started coverage on Octave Intelligence in a research report on Thursday, May 28th. They set a “buy” rating and a $30.00 target price on the stock.

Octave Intelligence Stock Performance

NASDAQ OCTV opened at $19.42 on Friday. The stock has a 50 day simple moving average of $17.69. Octave Intelligence has a 12 month low of $15.41 and a 12 month high of $30.00.