Endava plc (NYSE:DAVA) shares gapped down prior to trading on Monday . The stock had previously closed at $138.70, but opened at $134.84. Endava shares last traded at $132.29, with a volume of 6,042 shares trading hands.
Several equities analysts recently issued reports on the stock. Susquehanna Bancshares boosted their target price on shares of Endava from $100.00 to $108.00 and gave the company a “positive” rating in a research note on Thursday, May 20th. TheStreet upgraded shares of Endava from a “c” rating to a “b-” rating in a research note on Wednesday, May 19th. Morgan Stanley boosted their target price on shares of Endava from $93.00 to $102.00 and gave the company an “equal weight” rating in a research note on Thursday, May 20th. Zacks Investment Research lowered shares of Endava from a “buy” rating to a “hold” rating in a report on Tuesday, July 20th. Finally, Needham & Company LLC boosted their price target on shares of Endava from $120.00 to $165.00 and gave the stock a “buy” rating in a report on Friday, August 27th. Four investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat, Endava has a consensus rating of “Buy” and an average target price of $110.11.
The firm has a market cap of $7.22 billion, a PE ratio of 172.26, a price-to-earnings-growth ratio of 3.73 and a beta of 0.89. The stock’s fifty day moving average price is $129.57 and its 200-day moving average price is $106.93.
About Endava (NYSE:DAVA)
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.
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