Deutsche Bank AG initiated coverage on shares of Novozymes A/S – (NASDAQ:NVZMY) in a research report released on Friday, The Fly reports. The brokerage issued a hold rating on the stock.
A number of other analysts also recently commented on the stock. Zacks Investment Research downgraded shares of Novozymes A/S – from a hold rating to a sell rating in a report on Thursday, August 25th. Berenberg Bank started coverage on shares of Novozymes A/S – in a report on Tuesday, September 27th. They set a sell rating for the company.
Novozymes A/S – (NASDAQ:NVZMY) opened at 42.579 on Friday. The company has a market cap of $12.79 billion and a P/E ratio of 29.776. Novozymes A/S – has a 52 week low of $37.98 and a 52 week high of $49.55. The company has a 50-day moving average of $43.64 and a 200-day moving average of $46.06.
About Novozymes A/S –
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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