Needham analyst Mayank Tandon reiterated a Buy rating on Endava (NYSE:DAVA) Ltd on Tuesday, setting a price target of $165, which is approximately 40.10% above the present share price of $117.77.
Tandon expects Endava Ltd to post earnings per share (EPS) of $0.23 for the third quarter of 2021.
The current consensus among 2 TipRanks analysts is for a Moderate Buy rating of shares in Endava, with an average price target of $151.
The analysts price targets range from a high of $165 to a low of $137.
In its latest earnings report, released on 03/31/2021, the company reported a quarterly revenue of $112.31 million and a net profit of $18.04 million. The company's market cap is $6.49 billion.
According to TipRanks.com, Needham analyst Mayank Tandon is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 24.8% and a 64.14% 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.