Morgan Stanley (NYSE:MS) analyst James Faucette maintained a Hold rating on Endava (NYSE:DAVA) Ltd on Wednesday, setting a price target of $59, which is approximately 3.96% above the present share price of $56.75.
Faucette expects Endava Ltd to post earnings per share (EPS) of $0.27 for the third quarter of 2020.
The current consensus among 5 TipRanks analysts is for a Moderate Buy rating of shares in Endava, with an average price target of $64.6.
The analysts price targets range from a high of $68 to a low of $59.
In its latest earnings report, released on 03/31/2020, the company reported a quarterly revenue of $92.24 million and a net profit of $14.14 million. The company's market cap is $3.03 billion.
According to TipRanks.com, Morgan Stanley analyst James Faucette is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 16.3% and a 83.87% success rate.
Endava Plc engages in the provision of technology services. It focuses on finance, insurance, telecommunications, media, and retail companies. The company was founded by John Edward Cotterell in 2000 and is headquartered in London, the United Kingdom.