Evotec (EVT) PT Set at €17.00 by Deutsche Bank

Evotec (ETR:EVT) has been given a €17.00 ($20.24) price target by research analysts at Deutsche Bank in a research report issued to clients and investors on Tuesday. The brokerage currently has a “buy” rating on the stock. Deutsche Bank’s price objective suggests a potential upside of 46.61% from the company’s previous close.

A number of other analysts also recently commented on EVT. Berenberg Bank set a €16.00 ($19.05) price objective on shares of Evotec and gave the stock a “neutral” rating in a report on Thursday, August 17th. Oddo Securities set a €14.00 ($16.67) price objective on shares of Evotec and gave the stock a “neutral” rating in a report on Friday, August 11th. Finally, Oddo Bhf set a €20.00 ($23.81) price objective on shares of Evotec and gave the stock a “buy” rating in a report on Wednesday, November 29th.

Shares of Evotec (ETR:EVT) opened at €11.60 ($13.80) on Tuesday. Evotec has a 1-year low of €5.93 ($7.06) and a 1-year high of €22.50 ($26.79).

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Evotec Company Profile

Evotec AG provides drug discovery solutions to the pharmaceutical and biotechnology companies, academic institutions, and foundations and not-for-profit organizations worldwide. The company operates through two segments, EVT Execute and EVT Innovate. It offers drug discovery services, such as integrated services, target identification and validation, hit identification, compound management, chemistry, drug metabolism and pharmacokinetics, research informatics and in silico drug discovery, proteomics and metabolomics, cell and protein production, and in vivo and in vitro pharmacology services.

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