Sandoz Group (OTCMKTS:SDZNY) Reaches New 52-Week High – Should You Buy?

Sandoz Group AG (OTCMKTS:SDZNYGet Free Report) shares hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $48.66 and last traded at $48.61, with a volume of 114786 shares changing hands. The stock had previously closed at $46.70.

Analysts Set New Price Targets

A number of analysts have recently commented on the company. UBS Group downgraded Sandoz Group from a “strong-buy” rating to a “hold” rating in a research note on Monday. BNP Paribas cut shares of Sandoz Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, December 2nd.

View Our Latest Analysis on SDZNY

Sandoz Group Stock Performance

The firm has a 50 day moving average price of $43.58 and a two-hundred day moving average price of $43.27.

About Sandoz Group

(Get Free Report)

Sandoz Group AG develops, manufactures, and markets generic pharmaceuticals and biosimilars worldwide. The company covers therapeutic areas, including cardiovascular, central nervous system, oncology, infectious diseases, pain and respiratory, diabetes, immunology, endocrinology, hematology, and ophthalmology, as well as bone disease.

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