♔ The Trade Off
Ingevity (NGVT) Receives a Buy from Jefferies
Jefferies analyst maintained a Buy rating on Ingevity today and set a price target of $71.00.
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Currently, the analyst consensus on Ingevity is a Moderate Buy with an average price target of $65.00.
Based on Ingevity’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $333.1 million and a net profit of $43.5 million. In comparison, last year the company earned a revenue of $376.9 million and had a GAAP net loss of $107.2 million
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