Sandoz Group AG (OTCMKTS:SDZNY - Get Free Report) shares fell 1% during mid-day trading on Friday . The company traded as low as $44.46 and last traded at $44.62. 23,381 shares changed hands during trading, a decline of 31% from the average session volume of 33,707 shares. The stock had previously closed at $45.06.
Analysts Set New Price Targets
Separately, BNP Paribas cut Sandoz Group from a "strong-buy" rating to a "hold" rating in a research report on Monday, December 2nd.
Read Our Latest Analysis on Sandoz Group
Sandoz Group Price Performance
The business has a 50-day simple moving average of $43.09 and a two-hundred day simple moving average of $42.34.
About Sandoz Group
(
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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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