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Covalon Technologies Ltd
XTSX:COV

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Covalon Technologies Ltd
XTSX:COV
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Price: 1.63 CAD 2.52% Market Closed
Market Cap: CA$45m

Wall Street
Price Targets

COV Price Targets Summary
Covalon Technologies Ltd

Wall Street analysts forecast COV stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for COV is 2.96 CAD with a low forecast of 2.93 CAD and a high forecast of 3.05 CAD.

Lowest
Price Target
2.93 CAD
80% Upside
Average
Price Target
2.96 CAD
81% Upside
Highest
Price Target
3.05 CAD
87% Upside
Covalon Technologies Ltd Competitors:
Price Targets
RYI
Ryerson Holding Corp
-16% Downside
NCSM
NCS Multistage Holdings Inc
26% Upside
ELAN
Elanco Animal Health Inc
9% Upside
CFFN
Capitol Federal Financial Inc
4% Upside

Revenue
Forecast

20% / Year
Past Growth
11% / Year
Estimated Growth
N/A
Estimates Accuracy
N/A
Average
20% / Year
Past Growth
11% / Year
Estimated Growth
N/A
Estimates Accuracy
N/A
Average

For the last 14 years the compound annual growth rate for Covalon Technologies Ltd's revenue is 20%. The projected CAGR for the next 3 years is 11%.

Operating Income
Forecast

N/A
Past Growth
55% / Year
Estimated Growth
N/A
Estimates Accuracy
N/A
Average
N/A
Past Growth
55% / Year
Estimated Growth
N/A
Estimates Accuracy
N/A
Average

The compound annual growth rate of Covalon Technologies Ltd's operating income for the next 3 years is 55%.

Net Income
Forecast

N/A
Past Growth
33% / Year
Estimated Growth
N/A
Estimates Accuracy
N/A
Average
N/A
Past Growth
33% / Year
Estimated Growth
N/A
Estimates Accuracy
N/A
Average

The compound annual growth rate of Covalon Technologies Ltd's net income for the next 3 years is 33%.

Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.

What is COV's stock price target?
Price Target
2.96 CAD

According to Wall Street analysts, the average 1-year price target for COV is 2.96 CAD with a low forecast of 2.93 CAD and a high forecast of 3.05 CAD.

What is Covalon Technologies Ltd's Revenue forecast?
Projected CAGR
11%

For the last 14 years the compound annual growth rate for Covalon Technologies Ltd's revenue is 20%. The projected CAGR for the next 3 years is 11%.

What is Covalon Technologies Ltd's Operating Income forecast?
Projected CAGR
55%

The compound annual growth rate of Covalon Technologies Ltd's operating income for the next 3 years is 55%.

What is Covalon Technologies Ltd's Net Income forecast?
Projected CAGR
33%

The compound annual growth rate of Covalon Technologies Ltd's net income for the next 3 years is 33%.

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