Zurcher Kantonalbank Zurich Cantonalbank Has $2.04 Million Stake in Evotec SE (NASDAQ:EVO)

Zurcher Kantonalbank Zurich Cantonalbank trimmed its stake in shares of Evotec SE (NASDAQ:EVO) by 13.9% during the fourth quarter, HoldingsChannel reports. The fund owned 174,266 shares of the company’s stock after selling 28,102 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in Evotec were worth $2,037,000 as of its most recent SEC filing.

Analysts Set New Price Targets

A number of research analysts recently weighed in on EVO shares. Royal Bank of Canada raised shares of Evotec from a “sector perform” rating to an “outperform” rating in a research report on Thursday, January 18th. Deutsche Bank Aktiengesellschaft raised shares of Evotec from a “hold” rating to a “buy” rating in a research report on Friday, April 12th.

Evotec Stock Up 3.9 %

Evotec stock opened at $7.65 on Wednesday. Evotec SE has a 1-year low of $6.83 and a 1-year high of $13.49. The company has a fifty day simple moving average of $7.37 and a 200 day simple moving average of $8.71.

About Evotec

Evotec SE operates as drug discovery and development partner for the pharmaceutical and biotechnology industry worldwide. The company is developing pharmaceutical products in various therapeutic areas, such as diabetes and complications, fibrosis, infectious diseases, CNS diseases, oncology, pain and inflammation, immunology, rare diseases, respiratory diseases, and women's health.