Sandoz Group (OTCMKTS:SDZNY) Hits New 1-Year High – What’s Next?

Sandoz Group AG Sponsored ADR (OTCMKTS:SDZNY – Get Free Report) reached a new 52-week high during trading on Thursday. The stock traded as high as $103.27 and last traded at $102.77, with a volume of 6,160 shares traded. The stock had previously closed at $101.21.

Analyst Ratings Changes

Separately, Erste Group Bank raised Sandoz Group to a “strong-buy” rating in a report on Thursday, August 27th. Four investment analysts have rated the stock with a Strong Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Strong Buy”.

View Our Latest Research Report on SDZNY

Sandoz Group Trading Up 0.2%

The business’s 50 day moving average is $88.25 and its two-hundred day moving average is $84.48.

About Sandoz Group

(Get Free Report)

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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