Covia Holdings (NASDAQ:CVIA) has earned an average broker rating score of 1.80 (Buy) from the five brokers that provide coverage for the company, Zacks Investment Research reports. Two research analysts have rated the stock with a hold recommendation and three have given a strong buy recommendation to the company.
Brokerages have set a one year consensus target price of $28.25 for the company and are predicting that the company will post $0.76 EPS for the current quarter, according to Zacks. Zacks has also given Covia an industry rank of 115 out of 255 based on the ratings given to related companies.
A number of research analysts recently commented on the company. Credit Suisse Group assumed coverage on Covia in a research note on Friday, June 8th. They set a “neutral” rating and a $24.00 price objective for the company. Piper Jaffray Companies assumed coverage on Covia in a research note on Monday, June 18th. They set an “overweight” rating and a $24.00 price objective for the company. Guggenheim restated a “neutral” rating on shares of Covia in a research note on Friday, July 6th. Finally, Seaport Global Securities restated a “buy” rating on shares of Covia in a research note on Friday, June 1st.
Covia traded up $0.25, reaching $16.95, during trading on Friday, according to MarketBeat. 676,135 shares of the company were exchanged, compared to its average volume of 347,808. Covia has a 52 week low of $15.47 and a 52 week high of $30.00.
A number of hedge funds have recently made changes to their positions in the business. Sterling Investment Advisors Ltd. acquired a new position in Covia during the 2nd quarter worth $111,000. Russell Investments Group Ltd. acquired a new stake in shares of Covia in the second quarter valued at $158,000. Strs Ohio acquired a new stake in shares of Covia in the second quarter valued at $168,000. Citadel Advisors LLC acquired a new stake in shares of Covia in the second quarter valued at $193,000. Finally, Legal & General Group Plc acquired a new stake in shares of Covia in the second quarter valued at $232,000.
Covia Company Profile
There is no company description available for Covia Holdings Corp.
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