Sanofi (SNY) Shares Gap Up to $38.41
Sanofi (NYSE:SNY) shares gapped up before the market opened on Friday . The stock had previously closed at $37.91, but opened at $38.41. Sanofi shares last traded at $39.16, with a volume of 754,046 shares trading hands.
Several research analysts have recently issued reports on SNY shares. TheStreet upgraded shares of Sanofi from a “hold” rating to a “buy” rating in a report on Wednesday, July 27th. Zacks Investment Research upgraded shares of Sanofi from a “sell” rating to a “hold” rating in a report on Monday, July 25th. Berenberg Bank restated a “hold” rating and issued a $93.00 target price on shares of Sanofi in a report on Monday, August 15th. Citigroup Inc. restated a “neutral” rating on shares of Sanofi in a report on Tuesday, June 28th. Finally, Barclays PLC upgraded shares of Sanofi from an “equal weight” rating to an “overweight” rating in a report on Thursday, May 12th. Four equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and four have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of $60.50.
The stock has a market capitalization of $100.85 billion and a price-to-earnings ratio of 21.47. The company’s 50-day moving average is $40.45 and its 200 day moving average is $40.65.
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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