Goldman Sachs Group set a CHF 102 price objective on Novartis (VTX:NOVN) in a report released on Tuesday, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
A number of other equities analysts also recently issued reports on the company. UBS Group set a CHF 82 price objective on Novartis and gave the stock a neutral rating in a report on Wednesday, April 24th. HSBC set a CHF 83 price objective on Novartis and gave the stock a neutral rating in a report on Thursday, April 25th. Deutsche Bank set a CHF 85 price objective on Novartis and gave the stock a neutral rating in a report on Friday, April 5th. Barclays set a CHF 75 price objective on Novartis and gave the stock a sell rating in a report on Friday, February 1st. Finally, JPMorgan Chase & Co. set a CHF 85 price objective on Novartis and gave the stock a sell rating in a report on Friday, February 1st. Three analysts have rated the stock with a sell rating, six have given a hold rating and eight have given a buy rating to the stock. The company presently has an average rating of Hold and a consensus target price of CHF 89.06.
Novartis has a twelve month low of CHF 72.45 and a twelve month high of CHF 88.30.
Novartis Company Profile
Novan, Inc, a clinical-stage biotechnology company, focuses on the development and commercialization of nitric oxide-based therapies to treat dermatological and oncovirus-mediated diseases. Its clinical stage product candidates include SB204, a topical monotherapy that is in Phase III pivotal clinical trials for the treatment of acne vulgaris; and SB206, a topical antiviral gel, which is in Phase III pivotal trials for the treatment of patients with external genital warts, and Phase II clinical trial for the treatment of molluscum contagiosum.
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