Novozymes A/S – (NVZMY) Stock Rating Reaffirmed by Jefferies Group LLC

Novozymes A/S – (NASDAQ:NVZMY)‘s stock had its “hold” rating restated by Jefferies Group LLC in a research note issued to investors on Tuesday, May 9th. They presently have a $47.50 price objective on the biotechnology company’s stock. Jefferies Group LLC’s target price points to a potential upside of 9.52% from the company’s current price.

Several other research analysts also recently issued reports on NVZMY. Zacks Investment Research upgraded shares of Novozymes A/S – from a “hold” rating to a “buy” rating and set a $45.00 price objective on the stock in a report on Thursday, February 9th. JPMorgan Chase & Co. downgraded shares of Novozymes A/S – from an “overweight” rating to a “neutral” rating in a report on Friday, February 10th. Finally, Goldman Sachs Group Inc downgraded shares of Novozymes A/S – from a “neutral” rating to a “sell” rating in a report on Wednesday, February 1st. One analyst has rated the stock with a sell rating, five have given a hold rating and one has assigned a buy rating to the stock. Novozymes A/S – presently has an average rating of “Hold” and a consensus price target of $46.25.

Analyst Recommendations for Novozymes A/S - (NASDAQ:NVZMY)

Novozymes A/S – (NASDAQ:NVZMY) traded up 1.487% during trading on Tuesday, reaching $44.015. The company had a trading volume of 9,146 shares. Novozymes A/S – has a 12-month low of $31.57 and a 12-month high of $49.55. The stock has a market cap of $13.07 billion and a P/E ratio of 29.402. The firm has a 50-day moving average price of $41.92 and a 200 day moving average price of $37.90.

Novozymes A/S – (NASDAQ:NVZMY) last posted its quarterly earnings data on Wednesday, April 26th. The biotechnology company reported $0.37 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.36 by $0.01. The company had revenue of $535.97 million for the quarter. Equities research analysts predict that Novozymes A/S – will post $1.58 EPS for the current fiscal year.

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Novozymes A/S – Company Profile

Novozymes A/S is a Denmark-based biotechnology company engaged in the production and sale of industrial enzymes, microorganisms and biopharmaceutical ingredients. The Company operates in four geographical regions: Europe, Middle East & Africa (including Denmark), North America, Asia Pacific and Latin America.

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