Novartis (NVS) Stock Forecast & Price Target

$98.13

+0.23 (+0.23%)

(As of 12/1/2023 ET)

Today's Range: $97.55
▼
$98.32
50-Day Range: $92.29
▼
$102.33
52-Week Range: $79.98
▼
$105.61

Volume: 1.20 million shs
Average Volume: 1.32 million shs
Market Capitalization: $208.00 billion

P/E Ratio: 26.38
Dividend Yield: 2.31%
Price Target: $85.00

Novartis Consensus Analyst Rating and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Analysts' Consensus Rating

Hold
Based on 7 Analyst Ratings

Analysts' Consensus Price Target

$85.00
-13.38% Downside

High Forecast	$85.00
Average Forecast	$85.00
Low Forecast	$85.00

Type	Current Forecast 12/2/22 to 12/2/23	1 Month Ago 11/2/22 to 11/2/23	3 Months Ago 9/3/22 to 9/3/23	1 Year Ago 12/2/21 to 12/2/22
Consensus Rating	Hold	Hold	Hold	Reduce
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	3 Buy rating(s)	3 Buy rating(s)	4 Buy rating(s)	2 Buy rating(s)
Hold	4 Hold rating(s)	4 Hold rating(s)	5 Hold rating(s)	10 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	2 Sell rating(s)	3 Sell rating(s)
Consensus Price Target	$85.00	$85.00	$85.00	$85.00
Predicted Upside	-13.38% Downside	-10.79% Downside	-1.92% Downside	6.12% Upside

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NVS Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

NVS Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Novartis Stock vs. The Competition

Type	Novartis	Medical Companies	S&P 500
Consensus Rating Score	2.43	2.67	2.49
Consensus Rating	Hold	Moderate Buy	Hold
Predicted Upside	-13.38% Downside	646.65% Upside	2,853.20% Upside
News Sentiment Rating	Positive News	Positive News	Positive News

Recent Analyst Ratings and Stock Forecasts

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Action	Rating	Price Target	Upside/Downside on Report Date
9/25/2023	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Underweight ➝ Equal Weight
7/14/2023	HSBC Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Buy
4/26/2023	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Hold ➝ Buy
4/19/2023	BTIG Research Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target		$75.00 ➝ $85.00	-13.28%
1/26/2023	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Buy ➝ Neutral
1/3/2023	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Underweight ➝ Neutral
12/14/2022	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Neutral ➝ Neutral	CHF 82 ➝ CHF 84
12/5/2022	Stifel Nicolaus Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Hold ➝ Buy

(Data available from 12/2/2018 forward. View 10+ years of historical ratings with our analyst ratings screener.)

NVS Price Target - Frequently Asked Questions

What is Novartis's consensus rating and price target?: According to the issued ratings of 7 analysts in the last year, the consensus rating for Novartis stock is Hold based on the current 4 hold ratings and 3 buy ratings for NVS. The average twelve-month price prediction for Novartis is $85.00 with a high price target of $85.00 and a low price target of $85.00. Learn more on NVS's analyst rating history.
Do Wall Street analysts like Novartis more than its competitors?: Analysts like Novartis less than other Medical companies. The consensus rating for Novartis is Hold while the average consensus rating for medical companies is Moderate Buy. Learn more on how NVS compares to other companies.
Is Novartis being upgraded by Wall Street analysts?: Over the previous 90 days, Novartis's stock had 1 upgrade by analysts.

Does Novartis's stock price have much downside?: According to analysts, Novartis's stock has a predicted downside of -10.79% based on their 12-month stock forecasts.
What analysts cover Novartis?: Novartis has been rated by Morgan Stanley in the past 90 days.

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This page (NYSE:NVS) was last updated on 12/2/2023 by MarketBeat.com Staff

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