Evotec AG (EVTCY) Receives Average Rating of “” from Brokerages
Evotec AG (NASDAQ:EVTCY) has received a consensus broker rating score of 2.00 (Buy) from the two analysts that cover the company, Zacks Investment Research reports. One research analyst has rated the stock with a hold rating and one has assigned a strong buy rating to the company. Evotec AG’s rating score has improved by 33.3% from 90 days ago as a result of various analysts’ upgrades and downgrades.
Zacks has also assigned Evotec AG an industry rank of 101 out of 265 based on the ratings given to related companies.
A number of brokerages recently weighed in on EVTCY. Zacks Investment Research upgraded shares of Evotec AG from a “hold” rating to a “buy” rating and set a $42.00 target price on the stock in a report on Friday, August 25th. Berenberg Bank restated a “buy” rating on shares of Evotec AG in a report on Wednesday, May 10th. DZ Bank AG restated a “sell” rating on shares of Evotec AG in a report on Thursday, August 17th. Finally, Deutsche Bank AG restated a “neutral” rating on shares of Evotec AG in a report on Wednesday, May 3rd.
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Shares of Evotec AG (NASDAQ EVTCY) traded down 3.15% during midday trading on Wednesday, reaching $38.40. 5,402 shares of the company were exchanged. The stock has a market capitalization of $2.81 billion and a price-to-earnings ratio of 65.98. The company’s 50-day moving average price is $31.78 and its 200 day moving average price is $25.26. Evotec AG has a 52-week low of $9.79 and a 52-week high of $39.55.
Evotec AG (NASDAQ:EVTCY) last announced its quarterly earnings data on Thursday, August 10th. The company reported $0.04 EPS for the quarter, missing the Zacks’ consensus estimate of $0.07 by $0.03. The firm had revenue of $58.52 million for the quarter, compared to analyst estimates of $50.06 million.
Evotec AG Company Profile
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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