Sandoz Group AG Sponsored ADR (OTCMKTS:SDZNY – Get Free Report)’s stock price gapped up prior to trading on Thursday. The stock had previously closed at $85.87, but opened at $89.99. Sandoz Group shares last traded at $90.03, with a volume of 857 shares traded.
Analyst Ratings Changes
Separately, Erste Group Bank upgraded shares of Sandoz Group to a “strong-buy” rating in a report on Thursday, August 27th. Four research analysts have rated the stock with a Strong Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, Sandoz Group currently has an average rating of “Strong Buy”.
Get Our Latest Research Report on Sandoz Group
Sandoz Group Trading Up 2.2%
The business has a 50-day simple moving average of $86.30 and a 200 day simple moving average of $84.31.
About Sandoz Group
Sandoz Group AG is a Switzerland-based pharmaceutical company focused on developing, manufacturing and marketing generic and biosimilar medicines. Its portfolio is designed to expand access to established treatments by offering alternatives to branded products after patent or regulatory exclusivity periods end.
The company supplies medicines across a range of therapeutic areas, including anti-infectives, ophthalmology, respiratory care, central nervous system treatments, dermatology, transplantation and immunology.
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