Novartis (VTX:NOVN) received a CHF 85 price objective from analysts at UBS Group in a research note issued to investors on Thursday, Borsen Zeitung reports. The firm presently has a “neutral” rating on the stock.
Several other equities research analysts have also recently commented on the company. HSBC set a CHF 83 target price on Novartis and gave the company a “neutral” rating in a research note on Thursday, April 25th. Credit Suisse Group set a CHF 88 target price on Novartis and gave the company a “neutral” rating in a research note on Tuesday, May 28th. Deutsche Bank set a CHF 85 price objective on Novartis and gave the stock a “neutral” rating in a research note on Friday, April 5th. Goldman Sachs Group set a CHF 110 price objective on Novartis and gave the stock a “buy” rating in a research note on Monday, March 25th. Finally, JPMorgan Chase & Co. set a CHF 85 price objective on Novartis and gave the stock a “sell” rating in a research note on Wednesday, April 3rd. Three analysts have rated the stock with a sell rating, six have issued a hold rating and eight have issued a buy rating to the company’s stock. Novartis presently has an average rating of “Hold” and an average target price of CHF 89.18.
Novartis has a 52 week low of CHF 72.45 and a 52 week 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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