Sandoz Group (OTCMKTS:SDZNY) Sets New 52-Week High – Still a Buy?

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

Analyst Ratings Changes

Several equities research analysts recently weighed in on SDZNY shares. BNP Paribas cut shares of Sandoz Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, December 2nd. UBS Group downgraded shares of Sandoz Group from a “strong-buy” rating to a “hold” rating in a research note on Monday.

View Our Latest Stock Analysis on Sandoz Group

Sandoz Group Price Performance

The stock’s 50 day simple moving average is $43.58 and its two-hundred day simple moving average is $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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