Sandoz Group (OTCMKTS:SDZNY) Sets New 12-Month High – Should You Buy?

Sandoz Group AG (OTCMKTS:SDZNYGet Free Report) hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $49.20 and last traded at $49.10, with a volume of 49059 shares changing hands. The stock had previously closed at $48.32.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on SDZNY. BNP Paribas downgraded Sandoz Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, December 2nd. UBS Group lowered shares of Sandoz Group from a “strong-buy” rating to a “hold” rating in a report on Monday, February 3rd.

Read Our Latest Stock Report on Sandoz Group

Sandoz Group Price Performance

The business’s 50 day moving average is $43.84 and its 200 day moving average is $43.47.

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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