Sanofi (NASDAQ:SNY) Upgraded by Wall Street Zen to Strong-Buy Rating

Wall Street Zen upgraded shares of Sanofi (NASDAQ:SNYFree Report) from a buy rating to a strong-buy rating in a research note issued to investors on Saturday morning.

SNY has been the subject of a number of other reports. Guggenheim lowered shares of Sanofi from a “buy” rating to a “neutral” rating in a research note on Tuesday, December 9th. Barclays cut shares of Sanofi from an “overweight” rating to an “equal weight” rating in a research report on Tuesday, January 6th. Citigroup started coverage on shares of Sanofi in a report on Tuesday. They set a “neutral” rating on the stock. Jefferies Financial Group reissued a “buy” rating on shares of Sanofi in a research note on Monday, October 27th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Sanofi in a research report on Monday, December 29th. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and eight have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $62.67.

View Our Latest Research Report on Sanofi

Sanofi Stock Up 1.8%

Shares of NASDAQ SNY opened at $47.04 on Friday. Sanofi has a 52-week low of $44.62 and a 52-week high of $60.12. The firm has a market capitalization of $114.73 billion, a price-to-earnings ratio of 13.07, a PEG ratio of 1.34 and a beta of 0.45. The stock has a 50 day moving average price of $48.13 and a 200 day moving average price of $48.69. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.30 and a current ratio of 1.06.

Hedge Funds Weigh In On Sanofi

Large investors have recently made changes to their positions in the business. Flagship Harbor Advisors LLC purchased a new position in Sanofi during the 4th quarter worth $25,000. Financial Consulate Inc. acquired a new stake in Sanofi in the third quarter worth about $26,000. Ameritas Advisory Services LLC purchased a new stake in shares of Sanofi during the second quarter worth about $28,000. Measured Wealth Private Client Group LLC purchased a new stake in shares of Sanofi during the third quarter worth about $29,000. Finally, Palisade Asset Management LLC acquired a new position in shares of Sanofi during the third quarter valued at about $30,000. 14.03% of the stock is owned by institutional investors and hedge funds.

Key Stories Impacting Sanofi

Here are the key news stories impacting Sanofi this week:

About Sanofi

(Get Free Report)

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.

See Also

Analyst Recommendations for Sanofi (NASDAQ:SNY)

Receive News & Ratings for Sanofi Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sanofi and related companies with MarketBeat.com's FREE daily email newsletter.