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

Shares of Octave Intelligence plc (NASDAQ:OCTV) have been assigned a consensus recommendation of “Hold” from the seven ratings firms that are covering the firm, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation and two have given a buy recommendation to the company. The average 1 year price target among brokerages that have updated their coverage on the stock in the last year is $21.8333.

Several research firms have commented on OCTV. Wall Street Zen raised shares of Octave Intelligence to a “hold” rating in a report on Saturday, July 18th. 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. Guggenheim initiated coverage on Octave Intelligence in a research report on Thursday, May 28th. They issued a “buy” rating and a $30.00 target price on the stock. Barclays assumed coverage on Octave Intelligence in a research note on Thursday, June 18th. They set an “equal weight” rating and a $18.00 price target for the company. Finally, Weiss Ratings initiated coverage on Octave Intelligence in a report on Monday, August 17th. They set a “sell (d)” rating for the company.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Octave Intelligence stock. Ancora Advisors LLC purchased a new position in Octave Intelligence plc (NASDAQ:OCTV) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 54,080 shares of the company’s stock, valued at approximately $882,000.

Octave Intelligence Stock Performance

Shares of NASDAQ OCTV opened at $20.00 on Tuesday. The company has a fifty day moving average of $17.75. Octave Intelligence has a 52-week low of $15.41 and a 52-week high of $30.00.