Novartis (VTX:NOVN) has been given a CHF 98 target price by Goldman Sachs Group in a note issued to investors on Wednesday, Borsen Zeitung reports. The firm presently has a “buy” rating on the stock.
Several other equities analysts also recently commented on the stock. UBS Group set a CHF 82 price target on shares of Novartis and gave the company a “neutral” rating in a research note on Wednesday. Deutsche Bank set a CHF 85 price target on shares of Novartis and gave the company a “neutral” rating in a research note on Friday, April 5th. Barclays set a CHF 75 price target on shares of Novartis and gave the company a “sell” rating in a research note on Friday, February 1st. JPMorgan Chase & Co. set a CHF 85 price target on shares of Novartis and gave the company a “sell” rating in a research note on Friday, February 1st. Finally, Jefferies Financial Group set a CHF 105 price objective on shares of Novartis and gave the stock a “buy” rating in a research report on Wednesday, January 30th. Three investment analysts have rated the stock with a sell rating, six have issued a hold rating and eight have assigned a buy rating to the company’s stock. Novartis has an average rating of “Hold” and an average target price of CHF 88.71.
Novartis has a one year low of CHF 72.45 and a one 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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