Sandoz Group AG Sponsored ADR (OTCMKTS:SDZNY – Get Free Report)’s share price reached a new 52-week high during mid-day trading on Thursday. The company traded as high as $103.27 and last traded at $102.77, with a volume of 6,160 shares. The stock had previously closed at $101.21.
Analysts Set New Price Targets
Separately, Erste Group Bank raised shares of Sandoz Group to a “strong-buy” rating in a report on Thursday, August 27th. Four analysts have rated the stock with a Strong Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Strong Buy”.
Get Our Latest Stock Report on Sandoz Group
Sandoz Group Stock Performance
The stock has a 50 day moving average of $88.25 and a 200 day moving average of $84.48.
About Sandoz Group
Sandoz Group AG is a Switzerland-based pharmaceutical company focused on generic and biosimilar medicines. Its portfolio includes prescription medicines across therapeutic areas such as anti-infectives, immunology, oncology, ophthalmology, respiratory care and cardiovascular treatments. The company also supplies complex generics, including injectable, inhaled and other specialty formulations.
Sandoz serves patients and healthcare providers through a broad international commercial and manufacturing network, with operations and products spanning Europe, North America, Asia and other global markets.
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