Sandoz Group AG Sponsored ADR (OTCMKTS:SDZNY – Get Free Report) shares gapped up before the market opened on Friday. The stock had previously closed at $96.00, but opened at $101.43. Sandoz Group shares last traded at $101.29, with a volume of 1,295 shares.
Wall Street Analyst Weigh In
Separately, Erste Group Bank raised Sandoz Group to a “strong-buy” rating in a report on Thursday, August 27th. Four equities research analysts have rated the stock with a Strong Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Strong Buy”.
View Our Latest Analysis on SDZNY
Sandoz Group Trading Down 0.5%
The company has a 50 day moving average price of $87.55 and a 200 day moving average price of $83.98.
About Sandoz Group
Sandoz Group AG is a Switzerland-based pharmaceutical company focused on generic and biosimilar medicines. Its portfolio includes prescription medicines across therapeutic areas such as anti-infectives, immunology, oncology, ophthalmology, respiratory care and cardiovascular treatments. The company also supplies complex generics, including injectable, inhaled and other specialty formulations.
Sandoz serves patients and healthcare providers through a broad international commercial and manufacturing network, with operations and products spanning Europe, North America, Asia and other global markets.
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