Evotec AG (EVTCY) Stock Rating Reaffirmed by Berenberg Bank
Evotec AG (NASDAQ:EVTCY)‘s stock had its “buy” rating reiterated by equities researchers at Berenberg Bank in a report issued on Saturday.
Several other equities research analysts also recently weighed in on the company. Deutsche Bank AG reaffirmed a “neutral” rating on shares of Evotec AG in a report on Wednesday, May 3rd. DZ Bank AG reaffirmed a “sell” rating on shares of Evotec AG in a report on Thursday, March 30th. Finally, Zacks Investment Research downgraded Evotec AG from a “buy” rating to a “hold” rating in a report on Thursday, February 16th.
Shares of Evotec AG (NASDAQ:EVTCY) traded down 1.64% on Friday, hitting $27.54. 1,057 shares of the stock traded hands. The stock’s 50 day moving average price is $23.58 and its 200 day moving average price is $17.15. The stock has a market cap of $1.92 billion and a P/E ratio of 49.89. Evotec AG has a 52-week low of $7.80 and a 52-week high of $29.45.
Evotec AG (NASDAQ:EVTCY) last issued its quarterly earnings results on Tuesday, March 28th. The company reported $0.32 earnings per share for the quarter. The company had revenue of $47.36 million for the quarter.
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About Evotec AG
Evotec AG is a drug discovery and development company. The Company operates through two segments. The EVT Execute segment provides standalone drug discover services on a typical fee-for-service basis or integrated drug discovery collaborations on partners’ target through a range of commercial structures, including research fees, milestones and/or royalties.
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