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

Sandoz Group AG (OTCMKTS:SDZNYGet Free Report) shares hit a new 52-week high during trading on Tuesday . The company 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.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on the company. BNP Paribas lowered Sandoz Group from a “strong-buy” rating to a “hold” rating in a research report on Monday, December 2nd. UBS Group cut Sandoz Group from a “strong-buy” rating to a “hold” rating in a report on Monday, February 3rd.

View Our Latest Report on Sandoz Group

Sandoz Group Price Performance

The company’s 50 day simple moving average is $43.84 and its 200 day simple 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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