Novozymes A/S – (NASDAQ:NVZMY) Given Average Rating of “Hold” by Analysts
Shares of Novozymes A/S – (NASDAQ:NVZMY) have been assigned an average broker rating score of 3.00 (Hold) from the one brokers that provide coverage for the stock, Zacks Investment Research reports. One investment analyst has rated the stock with a hold recommendation.
Brokerages have set a twelve-month consensus target price of $50.96 for the company, according to Zacks. Zacks has also assigned Novozymes A/S – an industry rank of 49 out of 265 based on the ratings given to its competitors.
Separately, Zacks Investment Research raised shares of Novozymes A/S – from a “sell” rating to a “hold” rating in a research note on Tuesday, July 19th.
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Novozymes A/S – (NASDAQ:NVZMY) traded down 0.34% on Tuesday, reaching $43.55. 2,094 shares of the company traded hands. The stock has a market capitalization of $13.08 billion and a price-to-earnings ratio of 30.26. The stock has a 50 day moving average of $44.41 and a 200-day moving average of $46.07. Novozymes A/S – has a 1-year low of $37.98 and a 1-year high of $49.55.
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. 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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