Analysts Set Novartis AG (VTX:NOVN) PT at CHF 93.38
Shares of Novartis AG (VTX:NOVN) have been given a consensus recommendation of “Hold” by the thirteen research firms that are covering the stock, MarketBeat Ratings reports. Two analysts have rated the stock with a sell rating, six have assigned a hold rating and five have given a buy rating to the company. The average 12-month target price among brokers that have covered the stock in the last year is CHF 93.38.
Several research firms recently commented on NOVN. Deutsche Bank set a CHF 92 target price on Novartis and gave the stock a “neutral” rating in a research note on Monday, April 6th. Goldman Sachs Group set a CHF 110 target price on Novartis and gave the stock a “buy” rating in a research note on Wednesday, June 10th. Credit Suisse Group set a CHF 96 target price on Novartis and gave the stock a “neutral” rating in a research note on Wednesday, April 29th. JPMorgan Chase & Co. set a CHF 84 target price on Novartis and gave the stock a “sell” rating in a research note on Friday, May 8th. Finally, Oddo Bhf set a CHF 97 target price on Novartis and gave the stock a “buy” rating in a research note on Monday, June 22nd.
Novartis has a 1 year low of CHF 72.45 and a 1 year high of CHF 88.30.
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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