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Sandoz Group (OTCMKTS:SDZNY) Hits New 1-Year High - Still a Buy?

Sandoz Group logo with Medical background

Shares of Sandoz Group AG (OTCMKTS:SDZNY - Get Free Report) hit a new 52-week high during mid-day trading on Friday . The company traded as high as $50.76 and last traded at $50.76, with a volume of 31253 shares traded. The stock had previously closed at $48.90.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on the company. Royal Bank of Canada upgraded Sandoz Group from a "hold" rating to a "moderate buy" rating in a research note on Friday, May 2nd. UBS Group lowered Sandoz Group from a "strong-buy" rating to a "hold" rating in a research note on Monday, February 3rd.

View Our Latest Stock Report on Sandoz Group

Sandoz Group Stock Down 0.4%

The company has a fifty day moving average of $43.58 and a 200-day moving average of $44.00.

Sandoz Group Company Profile

(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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