Endava (DAVA) Price Target Lowered to $27.00 at Citigroup

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Endava (NYSE:DAVA) had its target price reduced by Citigroup from $30.00 to $27.00 in a research report sent to investors on Friday morning. They currently have a neutral rating on the stock.

Other equities analysts have also recently issued research reports about the company. Cowen began coverage on Endava in a report on Tuesday, August 21st. They issued an outperform rating and a $27.00 target price for the company. Credit Suisse Group began coverage on Endava in a report on Tuesday, August 21st. They issued a neutral rating and a $27.00 target price for the company. Deutsche Bank began coverage on Endava in a report on Wednesday, August 22nd. They issued a hold rating and a $29.00 target price for the company. Morgan Stanley began coverage on Endava in a report on Tuesday, August 21st. They issued a weight rating and a $29.00 target price for the company. Finally, William Blair assumed coverage on Endava in a report on Tuesday, August 21st. They issued an outperform rating for the company. Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The stock presently has a consensus rating of Hold and an average price target of $27.80.

Shares of Endava stock traded up $2.68 on Friday, reaching $23.88. The company had a trading volume of 202,380 shares, compared to its average volume of 81,230. Endava has a 1 year low of $21.13 and a 1 year high of $31.50.

Endava Company Profile

Endava plc provides IT service to finance, insurance and healthcare, retail and consumer goods, telecommunications, media, and technology industries in the United Kingdom. It offers architecture solutions; AI and Intelligent Automation, bots and natural language interfaces, and Robotic Process Automation; software engineering; testing solutions; cloud services; and application management services.

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Analyst Recommendations for Endava (NYSE:DAVA)

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