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

Sandoz Group AG (OTCMKTS:SDZNYGet Free Report) shares hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $48.66 and last traded at $48.61, with a volume of 114786 shares traded. The stock had previously closed at $46.70.

Analyst Ratings Changes

Separately, BNP Paribas lowered shares of Sandoz Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, December 2nd.

Read Our Latest Stock Analysis on SDZNY

Sandoz Group Stock Up 4.1 %

The firm has a 50 day moving average price of $43.46 and a 200-day moving average price of $43.13.

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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