Octave Intelligence plc (NASDAQ:OCTV) Stock Now Rated “Hold” by Wall Street Brokerages

Octave Intelligence plc (NASDAQ:OCTV) has received a consensus recommendation of “Hold” from the eight brokerages that are covering the firm, MarketBeat reports. One investment 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 target price among brokerages that have issued a report on the stock in the last year is $21.71.

OCTV has been the subject of a number of research analyst reports. Barclays began coverage on shares of Octave Intelligence in a report on Thursday, June 18th. They set an “equal weight” rating and a $18.00 price objective for the company. The Goldman Sachs Group assumed coverage on shares of Octave Intelligence in a report on Monday, June 1st. They set a “neutral” rating and a $17.00 target price for the company. Weiss Ratings initiated coverage on Octave Intelligence in a report on Monday, August 17th. They set a “sell (d)” rating on the stock. Evercore began coverage on Octave Intelligence in a research report on Friday, June 12th. They set an “in-line” rating and a $20.00 price target for the company. Finally, 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.

Octave Intelligence Stock Down 1.2%

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 business’s 50 day moving average is $18.51.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in Octave Intelligence stock. Squarepoint Ops LLC bought a new position in Octave Intelligence plc (NASDAQ:OCTV) in the second quarter, according to the company in its most recent disclosure with the SEC. The fund bought 11,659 shares of the company’s stock, valued at approximately $190,000.