ValuEngine upgraded shares of Civeo (NYSE:CVEO) from a sell rating to a hold rating in a research note published on Friday morning.
Other research analysts have also recently issued reports about the company. BidaskClub cut Civeo from a strong-buy rating to a buy rating in a research note on Friday, October 13th. Royal Bank of Canada set a $3.00 price objective on Civeo and gave the company a hold rating in a research note on Thursday, December 21st. Two research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The stock currently has a consensus rating of Buy and a consensus target price of $4.17.
Civeo (CVEO) opened at $3.32 on Friday. Civeo has a 12 month low of $1.57 and a 12 month high of $3.81. The stock has a market capitalization of $456.29, a PE ratio of -5.53 and a beta of 4.91. The company has a debt-to-equity ratio of 0.58, a quick ratio of 2.02 and a current ratio of 2.09.
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Civeo Corporation is an integrated provider of long-term and temporary remote site accommodations, logistics and facility management services to the natural resource industry. The Company operates in active oil, coal, natural gas and iron ore producing regions, including Canada, Australia and the United States.
To view ValuEngine’s full report, visit ValuEngine’s official website.
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