Evotec (ETR:EVT) has been given a €17.00 ($20.24) target price by research analysts at Deutsche Bank in a research report issued on Tuesday. The brokerage presently has a “buy” rating on the stock. Deutsche Bank’s price objective indicates a potential upside of 46.74% from the company’s previous close.
A number of other analysts have also weighed in on EVT. Berenberg Bank set a €13.00 ($15.48) price objective on shares of Evotec and gave the stock a “neutral” rating in a research note on Thursday, August 10th. Oddo Securities set a €14.00 ($16.67) price objective on shares of Evotec and gave the stock a “neutral” rating in a research note on Friday, August 11th. Finally, Oddo Bhf set a €20.00 ($23.81) price objective on shares of Evotec and gave the stock a “buy” rating in a research note on Thursday, November 9th.
Evotec (ETR:EVT) opened at €11.59 ($13.79) on Tuesday. Evotec has a fifty-two week low of €5.93 ($7.06) and a fifty-two week high of €22.50 ($26.79).
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Evotec AG provides drug discovery solutions to the pharmaceutical and biotechnology companies, academic institutions, and foundations and not-for-profit organizations worldwide. The company operates through two segments, EVT Execute and EVT Innovate. It offers drug discovery services, such as integrated services, target identification and validation, hit identification, compound management, chemistry, drug metabolism and pharmacokinetics, research informatics and in silico drug discovery, proteomics and metabolomics, cell and protein production, and in vivo and in vitro pharmacology services.
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