Novartis AG with ticker code (NVS) now have 5 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 108 and 100 with a mean TP of 104. Given that the stocks previous close was at 90.65 this indicates there is a potential upside of 14.7%. The 50 day MA is 86.28 and the 200 day moving average is 86.73. The company has a market cap of $204,274m. You can visit the company’s website by visiting: https://www.novartis.com
The potential market cap would be $234,357m based on the market concensus.
Novartis AG researches, develops, manufactures, and markets healthcare products worldwide. The company operates through two segments, Innovative Medicines and Sandoz. The Innovative Medicines segment offers prescription medicines for patients and healthcare providers. It also provides ophthalmology, neuroscience, immunology, hepatology, dermatology, respiratory, cardiovascular, renal, and metabolism medicine products. The Sandoz segment develops, manufactures, and markets finished dosage form medicines; active ingredients and finished dosage forms of small molecule pharmaceuticals to third parties; and retail generics and anti-infectives. It also provides active pharmaceutical ingredients and intermediates primarily antibiotics; protein- or other biotechnology-based products, including biosimilars; and biotechnology manufacturing services. Novartis AG has a license and collaboration agreement with Alnylam Pharmaceuticals to develop, manufacture, and commercialize inclisiran; and a clinical collaboration with Kura Oncology to evaluate the combination of Tipifarnib and Alpelisib in patients with head and neck squamous cell carcinoma. The company was incorporated in 1996 and is headquartered in Basel, Switzerland.
