JPMorgan Chase & Co. set a CHF 84 target price on Novartis (VTX:NOVN) in a research note published on Wednesday. The brokerage currently has a neutral rating on the stock.
Several other brokerages have also commented on NOVN. Morgan Stanley set a CHF 92 price objective on shares of Novartis and gave the company a buy rating in a research report on Friday, December 1st. Deutsche Bank set a CHF 83.50 price objective on shares of Novartis and gave the company a neutral rating in a research report on Wednesday, November 8th. Bank of America set a CHF 87 price target on shares of Novartis and gave the stock a sell rating in a report on Wednesday, December 6th. Sanford C. Bernstein set a CHF 97 price target on shares of Novartis and gave the stock a buy rating in a report on Thursday, October 26th. Finally, Societe Generale set a CHF 95 price target on shares of Novartis and gave the stock a buy rating in a report on Wednesday, October 25th. Three investment analysts have rated the stock with a sell rating, six have issued a hold rating and seven have issued a buy rating to the company. Novartis has an average rating of Hold and a consensus price target of CHF 86.97.
Novartis (NOVN) opened at CHF 83.88 on Wednesday. The company has a market cap of $218,960.00 and a P/E ratio of 30.61. Novartis has a 1 year low of CHF 69.50 and a 1 year high of CHF 85.40.
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