Royal Bank of Canada Cuts Evogene (TSE:EVGN) Price Target to C$5.00

Evogene (TSE:EVGN – Get Rating) had its price objective reduced by equities research analysts at Royal Bank of Canada from C$6.00 to C$5.00 in a note issued to investors on Thursday, BayStreet.CA reports. The firm presently has an “outperform” rating on the stock.

Separately, Echelon Wealth Partners reaffirmed a “buy” rating and issued a C$10.00 target price on shares of Evogene in a research report on Friday, April 22nd.

Evogene Company Profile (Get Rating)

Evogene is a leading computational biology company focused on revolutionizing product discovery and development in multiple life-science based industries, including human health and agriculture, through the use of its broadly applicable Computational Predictive Biology (CPB) platform. The CPB platform, incorporating a deep understanding of biology leveraged through the power of Big Data and Artificial Intelligence, has been designed to computationally discover and guide the development of life-science products based on microbes, small molecules and genetic elements.

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