Endava (NYSE:DAVA) Research Coverage Started at Needham & Company LLC
Needham & Company LLC started coverage on shares of Endava (NYSE:DAVA) in a research report released on Friday, Briefing.com Automated Import reports. The firm issued a buy rating and a $46.00 target price on the stock.
Several other analysts have also issued reports on the stock. Cantor Fitzgerald assumed coverage on shares of Endava in a report on Thursday, October 10th. They issued a neutral rating and a $39.00 price objective on the stock. Citigroup reduced their price objective on shares of Endava from $44.00 to $42.00 and set a neutral rating on the stock in a report on Friday, September 27th. Zacks Investment Research lowered shares of Endava from a hold rating to a sell rating in a research note on Tuesday, October 1st. ValuEngine lowered shares of Endava from a hold rating to a sell rating in a research note on Wednesday, October 2nd. Finally, Deutsche Bank boosted their price target on shares of Endava from $36.00 to $43.00 and gave the stock a hold rating in a research note on Thursday, September 26th. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating and one has issued a buy rating to the stock. The company has an average rating of Hold and an average target price of $39.89.
Shares of DAVA opened at $41.42 on Friday. The firm has a market cap of $2.11 billion, a P/E ratio of 41.84, a price-to-earnings-growth ratio of 2.57 and a beta of 0.74. Endava has a 12-month low of $21.42 and a 12-month high of $43.93. The company’s 50-day moving average price is $38.28 and its 200 day moving average price is $36.35.
Endava Company Profile
Endava plc provides technology services for clients in the consumer products, healthcare, logistics, and retail verticals in Europe, Latin America, and the United States. It offers strategy, creative and user experience, insights through data, mobile and Internet of Things, architecture, smart automation, software engineering, test automation and engineering, continuous delivery, cloud, applications management, and smart desk services across the digital evolution, agile transformation, and automation solution areas.
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