Novozymes A/S – (NASDAQ:NVZMY) has been assigned a consensus broker rating score of 3.00 (Hold) from the one brokers that cover the company, Zacks Investment Research reports. One equities research analyst has rated the stock with a hold rating.
Analysts have set a 12 month consensus price objective of $48.38 for the company, according to Zacks. Zacks has also assigned Novozymes A/S – an industry rank of 108 out of 265 based on the ratings given to its competitors.
NVZMY has been the subject of several analyst reports. Zacks Investment Research raised shares of Novozymes A/S – from a “sell” rating to a “hold” rating in a research report on Thursday, September 1st. Berenberg Bank initiated coverage on shares of Novozymes A/S – in a research report on Tuesday, September 27th. They set a “sell” rating for the company. Finally, Deutsche Bank AG initiated coverage on shares of Novozymes A/S – in a research report on Friday, October 7th. They set a “hold” rating for the company.
Shares of Novozymes A/S – (NASDAQ:NVZMY) opened at 42.29 on Friday. The stock’s 50 day moving average is $43.56 and its 200 day moving average is $46.00. Novozymes A/S – has a 52-week low of $37.98 and a 52-week high of $49.55. The company has a market capitalization of $12.70 billion and a P/E ratio of 29.57.
About Novozymes A/S –
Novozymes A/S is a Denmark-based biotechnology company engaged in the production and sale of industrial enzymes, microorganisms and biopharmaceutical ingredients. In June 2013, the Company restructured its sales areas within those segments. The Household Care (old Household Care Enzymes) area comprises cleaning solutions, laundry, dishwashing and microorganism sales for cleaning solutions.
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