Novozymes A/S (OTCMKTS:NVZMY) Upgraded to “Hold” at Nordea Equity Research

Novozymes A/S (OTCMKTS:NVZMYGet Rating) was upgraded by research analysts at Nordea Equity Research from a “sell” rating to a “hold” rating in a research report issued to clients and investors on Wednesday, The Fly reports.

Several other equities research analysts have also commented on NVZMY. Barclays decreased their price objective on shares of Novozymes A/S from 510.00 to 490.00 in a research report on Thursday, March 17th. Credit Suisse Group decreased their price objective on shares of Novozymes A/S from 390.00 to 360.00 and set an “underperform” rating on the stock in a research report on Friday, February 4th. Deutsche Bank Aktiengesellschaft upgraded shares of Novozymes A/S from a “hold” rating to a “buy” rating in a research report on Wednesday, March 30th. Finally, Zacks Investment Research upgraded shares of Novozymes A/S from a “sell” rating to a “hold” rating in a research report on Wednesday, April 6th. Two analysts have rated the stock with a sell rating, four have given a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat, Novozymes A/S currently has a consensus rating of “Hold” and a consensus target price of $313.33.

Shares of OTCMKTS NVZMY opened at $67.06 on Wednesday. The firm has a market capitalization of $15.31 billion, a P/E ratio of 38.54, a PEG ratio of 9.08 and a beta of 0.62. Novozymes A/S has a one year low of $57.85 and a one year high of $83.31. The company’s fifty day moving average is $64.87 and its two-hundred day moving average is $70.58.

Novozymes A/S Company Profile (Get Rating)

Novozymes A/S produces and sells industrial enzymes, microorganisms, and probiotics in Europe, the Middle East, Africa, North America, the Asia Pacific, and Latin America. The company offers baking, beverages, dairy, starch, and protein solutions for the food and beverage industry; laundry, dishwashing, and professional cleaning solutions for the household care industry; agriculture solutions, including crop production, and animal health and nutrition solutions; bioyield and biocontrol solutions for crops; and grain and technical processing solutions, as well as bio energy solutions for liquefaction, saccharifaction, fermentation, fiber conversion, and biomass conversion.

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