Endava plc (NYSE:DAVA – Get Rating)’s stock price gapped down prior to trading on Tuesday . The stock had previously closed at $56.13, but opened at $50.50. Endava shares last traded at $54.07, with a volume of 179,512 shares trading hands.
Wall Street Analyst Weigh In
Several research analysts have recently commented on DAVA shares. Susquehanna lowered their price target on shares of Endava from $112.00 to $104.00 in a research report on Wednesday. Deutsche Bank Aktiengesellschaft decreased their price objective on Endava from $78.00 to $53.00 in a report on Wednesday. Needham & Company LLC reduced their target price on Endava from $100.00 to $90.00 and set a “buy” rating on the stock in a research report on Wednesday, February 15th. Morgan Stanley lowered their price target on Endava from $95.00 to $70.00 in a report on Wednesday. Finally, Cowen decreased their target price on shares of Endava from $95.00 to $90.00 and set an “outperform” rating on the stock in a research report on Wednesday, February 15th. One research analyst has rated the stock with a hold rating and seven have given a buy rating to the company’s stock. According to data from MarketBeat.com, Endava has a consensus rating of “Moderate Buy” and a consensus target price of $87.75.
Endava Price Performance
The company’s 50 day simple moving average is $58.78 and its 200 day simple moving average is $72.01. The firm has a market cap of $2.89 billion, a price-to-earnings ratio of 25.25 and a beta of 1.16.
Institutional Investors Weigh In On Endava
Endava Plc engages in the provision of technology services. It focuses on finance, insurance, telecommunications, media, and retail companies. The company was founded by John Edward Cotterell in 2000 and is headquartered in London, the United Kingdom.
- Get a free copy of the StockNews.com research report on Endava (DAVA)
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