Sanofi (NYSE:SNY) traded down 1% on Tuesday . The stock traded as low as $38.89 and last traded at $39.02, with a volume of 4,990,551 shares. The stock had previously closed at $39.40.

Several equities research analysts have recently weighed in on the stock. Citigroup Inc. reissued a “neutral” rating on shares of Sanofi in a research report on Wednesday, April 27th. Zacks Investment Research raised shares of Sanofi from a “hold” rating to a “buy” rating and set a $46.00 target price for the company in a research report on Wednesday, May 4th. HSBC lowered shares of Sanofi from a “buy” rating to a “hold” rating in a report on Tuesday, May 3rd. Bank of America Corp. reaffirmed a “buy” rating and issued a $58.00 price target on shares of Sanofi in a report on Tuesday, May 3rd. Finally, TheStreet raised shares of Sanofi from a “hold” rating to a “buy” rating in a report on Wednesday, July 27th. Four analysts have rated the stock with a sell rating, seven have given a hold rating and four have issued a buy rating to the stock. Sanofi has a consensus rating of “Hold” and an average target price of $60.50.

The company has a market capitalization of $99.58 billion and a P/E ratio of 21.203. The firm has a 50 day moving average price of $41.01 and a 200 day moving average price of $40.68.

Other institutional investors recently added to or reduced their stakes in the company. Rhumbline Advisers boosted its position in Sanofi by 7.3% in the fourth quarter. Rhumbline Advisers now owns 26,510 shares of the company’s stock valued at $1,131,000 after buying an additional 1,800 shares during the last quarter. BlackRock Advisors LLC boosted its position in Sanofi by 115.1% in the fourth quarter. BlackRock Advisors LLC now owns 695,109 shares of the company’s stock valued at $29,646,000 after buying an additional 372,000 shares during the last quarter. Finally, Stephens Inc. AR boosted its position in Sanofi by 4.5% in the fourth quarter. Stephens Inc. AR now owns 56,811 shares of the company’s stock valued at $2,423,000 after buying an additional 2,424 shares during the last quarter.

Sanofi SA is a healthcare company focused on patient needs and engaged in the research, development, manufacture and marketing of healthcare products. The Company is organized around three principal activities: Pharmaceuticals, Human Vaccines via Sanofi Pasteur, and Animal Health via Merial. The Company invests in emerging markets, diabetes solutions, vaccines, consumer health care, animal health, genzyme and other products.

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