Endava (DAVA) Reaches New 1-Year Low at $21.13

Endava PLC – (NYSE:DAVA)’s share price reached a new 52-week low on Thursday . The company traded as low as $21.13 and last traded at $21.20, with a volume of 89344 shares. The stock had previously closed at $24.43.

A number of equities analysts have recently weighed in on the company. Credit Suisse Group assumed coverage on Endava in a report on Tuesday, August 21st. They issued a “neutral” rating and a $27.00 price target for the company. Morgan Stanley initiated coverage on Endava in a research note on Tuesday, August 21st. They issued a “weight” rating and a $29.00 target price for the company. William Blair initiated coverage on Endava in a research note on Tuesday, August 21st. They issued an “outperform” rating for the company. Cowen initiated coverage on Endava in a research note on Tuesday, August 21st. They issued an “outperform” rating and a $27.00 target price for the company. Finally, Citigroup initiated coverage on Endava in a research note on Tuesday, August 21st. They issued a “neutral” rating and a $30.00 target price for the company. Three analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of $27.80.

About Endava (NYSE:DAVA)

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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