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Zacks Investment Research reported on Neogen Corporation (NASDAQ:NEOG), stepping up its target to $64.00 earlier today

Stating a potential upside of 0.11%, Zacks Investment Research increased the target of Neogen Corporation (NASDAQ:NEOG) to $64.00

Yesterday Neogen Corporation (NASDAQ:NEOG) traded -1.44% lower at $57.58. The company’s 50-day moving average is $57.94 and its 200-day moving average is $52.97. The last stock close price is up 8.71% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 106,237 shares of the stock were exchanged, down from an average trading volume of 131,678

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Neogen Corporation (NASDAQ:NEOG)

Neogen Corporation has a 52 week low of $43.00 and a 52 week high of $61.24 with a P/E ratio of 59.36 The company’s market cap is currently $0.

In addition to Zacks Investment Research reporting its target price, a total of 4 firms have reported on the stock. The consensus target price is $59.00 with 0 firms rating the stock a strong buy, 1 firm rating the stock a buy, 6 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.

About Neogen Corporation (NASDAQ:NEOG)

Neogen Corporation develops, manufactures and markets a range of products and services dedicated to food and animal safety. The Company operates through two segments: Food Safety and Animal Safety. The Food Safety segment produces and markets diagnostic test kits and related products used by food producers and processors to detect harmful natural toxins, foodborne bacteria, allergens and levels of general sanitation. The Animal Safety segment is primarily engaged in the production and marketing of products dedicated to animal health, including a range of consumable products marketed to veterinarians and animal health product distributors. The Animal Safety segment also provides genetic identification services. Additionally, the Animal Safety segment produces and markets rodenticides, disinfectants and insecticides to assist in the control of rodents and disease in and around agricultural, food production and other facilities.

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