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

Sandoz Group logo with Medical background

Shares of Sandoz Group AG (OTCMKTS:SDZNY - Get Free Report) hit 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.

Analysts Set New Price Targets

Several research firms recently commented on SDZNY. UBS Group cut shares of Sandoz Group from a "strong-buy" rating to a "hold" rating in a research report on Monday, February 3rd. BNP Paribas downgraded Sandoz Group from a "strong-buy" rating to a "hold" rating in a research note on Monday, December 2nd.

Read Our Latest Stock Report on SDZNY

Sandoz Group Trading Down 1.0 %

The company's fifty day moving average is $43.63 and its 200 day moving average is $43.30.

Sandoz Group Company Profile

(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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Should You Invest $1,000 in Sandoz Group Right Now?

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