Sanofi (NASDAQ:SNY) Given Consensus Rating of "Hold" by Analysts

Key Points

• Sanofi has a consensus analyst rating of "Hold" from 15 research firms, with an average 1-year price target of $49.50. The breakdown includes 10 hold ratings, three buys, and two strong buys.
• The stock opened at $42.78, below its 200-day moving average of $45.72, and sits near the lower end of its 12-month range of $40.89 to $52.68. Sanofi also has a market cap of about $103.72 billion and a low beta of 0.34.
• Sanofi recently raised its annual dividend to $2.4225 from $2.04, reflecting continued shareholder returns. The company’s dividend payout ratio is reported at 49.16%.

Sanofi (NASDAQ:SNY - Get Free Report) has earned a consensus rating of "Hold" from the fifteen research firms that are presently covering the firm, Marketbeat reports. Ten research analysts have rated the stock with a hold rating, three have assigned a buy rating and two have assigned a strong buy rating to the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is $49.50.

A number of research analysts have recently commented on SNY shares. Morgan Stanley set a $49.00 target price on Sanofi in a research report on Wednesday. Sanford C. Bernstein raised shares of Sanofi to a "strong-buy" rating in a research note on Thursday, March 19th. Argus upgraded shares of Sanofi to a "strong-buy" rating in a research report on Monday, April 27th. BNP Paribas Exane cut shares of Sanofi from an "outperform" rating to a "neutral" rating and set a $50.00 price objective for the company. in a research note on Monday, April 20th. Finally, Citigroup restated a "neutral" rating on shares of Sanofi in a report on Monday, April 13th.

Sanofi Price Performance

Shares of Sanofi stock opened at $42.78 on Thursday. The firm has a market cap of $103.72 billion, a PE ratio of 11.95, a PEG ratio of 1.09 and a beta of 0.34. The stock has a 50 day moving average of $43.45 and a 200 day moving average of $45.72. The company has a current ratio of 1.01, a quick ratio of 0.22 and a debt-to-equity ratio of 0.17. Sanofi has a 12 month low of $40.89 and a 12 month high of $52.68.

Sanofi Increases Dividend

The business also recently declared an annual dividend, which was paid on Wednesday, June 3rd. Investors of record on Monday, May 4th were given a $2.4225 dividend. This is an increase from Sanofi's previous annual dividend of $2.04. This represents a yield of 559.0%. The ex-dividend date was Monday, May 4th. Sanofi's dividend payout ratio (DPR) is 49.16%.

Institutional Investors Weigh In On Sanofi

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Advisory Services Network LLC increased its position in shares of Sanofi by 1.4% during the 3rd quarter. Advisory Services Network LLC now owns 15,733 shares of the company's stock valued at $743,000 after purchasing an additional 210 shares during the last quarter. Savant Capital LLC lifted its position in Sanofi by 2.7% in the fourth quarter. Savant Capital LLC now owns 8,623 shares of the company's stock worth $418,000 after buying an additional 225 shares during the last quarter. Wesbanco Bank Inc. boosted its stake in Sanofi by 4.9% during the fourth quarter. Wesbanco Bank Inc. now owns 4,927 shares of the company's stock worth $239,000 after buying an additional 230 shares during the period. IFG Advisory LLC increased its position in Sanofi by 2.7% during the fourth quarter. IFG Advisory LLC now owns 9,213 shares of the company's stock valued at $446,000 after acquiring an additional 244 shares during the last quarter. Finally, Cohen Investment Advisors LLC increased its position in Sanofi by 2.9% during the first quarter. Cohen Investment Advisors LLC now owns 9,480 shares of the company's stock valued at $457,000 after acquiring an additional 263 shares during the last quarter. 14.03% of the stock is currently owned by hedge funds and other institutional investors.

Sanofi Company Profile

Sanofi NASDAQ: SNY is a multinational pharmaceutical company headquartered in France that researches, develops, manufactures and markets prescription medicines, vaccines and consumer healthcare products. The company operates across multiple therapeutic areas, including immunology, rare diseases, oncology, cardiovascular and metabolic diseases, and vaccines through its Sanofi Pasteur division. Sanofi sells products to hospitals, clinics, governments and retail pharmacies, with a broad global footprint and significant presence in Europe, North America and emerging markets.

Key commercial offerings include specialty biologics and established small-molecule medicines.

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