Analysts at Cantor Fitzgerald assumed coverage on shares of Endava (NYSE:DAVA) in a report issued on Thursday, MarketBeat reports. The firm set a “neutral” rating and a $39.00 price target on the stock. Cantor Fitzgerald’s price objective would indicate a potential upside of 2.15% from the company’s current price.
Several other equities analysts have also recently commented on the stock. Zacks Investment Research cut shares of Endava from a “hold” rating to a “sell” rating in a research report on Tuesday, October 1st. Deutsche Bank boosted their target price on shares of Endava from $36.00 to $43.00 and gave the company a “hold” rating in a research report on Thursday, September 26th. Citigroup dropped their target price on shares of Endava from $44.00 to $42.00 and set a “neutral” rating for the company in a research report on Friday, September 27th. Finally, ValuEngine cut shares of Endava from a “hold” rating to a “sell” rating in a research report on Wednesday, October 2nd. Two research analysts have rated the stock with a sell rating and five have assigned a hold rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of $38.88.
Shares of NYSE:DAVA opened at $38.18 on Thursday. The firm has a 50 day moving average of $37.86 and a 200-day moving average of $35.72. The stock has a market capitalization of $1.98 billion, a PE ratio of 37.74, a PEG ratio of 2.41 and a beta of 0.74. Endava has a 12 month low of $21.42 and a 12 month high of $43.93.
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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