Shares of Endava PLC – (NYSE:DAVA) have been given an average rating of “Hold” by the eight research firms that are currently covering the firm, Marketbeat reports. Two analysts have rated the stock with a sell recommendation, five have assigned a hold recommendation and one has given a buy recommendation to the company. The average 1 year target price among brokerages that have updated their coverage on the stock in the last year is $40.88.
Several research analysts have recently commented on DAVA shares. Citigroup decreased their price objective on Endava from $44.00 to $42.00 and set a “neutral” rating on the stock in a research note on Friday, September 27th. Zacks Investment Research cut shares of Endava from a “hold” rating to a “sell” rating in a research note on Tuesday, October 1st. Deutsche Bank raised their target price 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. ValuEngine downgraded shares of Endava from a “hold” rating to a “sell” rating in a research report on Wednesday, October 2nd. Finally, Needham & Company LLC started coverage on shares of Endava in a research report on Friday. They set a “buy” rating and a $46.00 price objective on the stock.
DAVA opened at $39.89 on Monday. Endava has a 1-year low of $21.42 and a 1-year high of $43.93. The company has a market capitalization of $2.11 billion, a PE ratio of 40.29, a PEG ratio of 2.57 and a beta of 0.74. The firm’s 50 day simple moving average is $38.13 and its two-hundred day simple moving average is $36.16.
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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