Evotec (EVT) Given a €20.00 Price Target by Berenberg Bank Analysts

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Berenberg Bank set a €20.00 ($23.26) price target on Evotec (ETR:EVT) in a report released on Friday. The brokerage currently has a neutral rating on the stock.

Several other analysts have also commented on EVT. Oddo Bhf set a €22.00 ($25.58) price objective on Evotec and gave the stock a buy rating in a report on Tuesday, June 12th. Deutsche Bank set a €21.00 ($24.42) price objective on Evotec and gave the stock a buy rating in a report on Monday, August 13th.

Shares of EVT opened at €21.30 ($24.77) on Friday. Evotec has a one year low of €7.91 ($9.20) and a one year high of €22.50 ($26.16).

About Evotec

Evotec AG provides drug discovery and development solutions to pharmaceutical and biotechnology companies, academic institutions, 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, as well as absorption, distribution, metabolism, excretion, and toxicity services.

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