Novo Nordisk A/S with ticker code (NVO) now have 2 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 118.27 and 114.49 with a mean TP of 116.38. Given that the stocks previous close was at 103.17 this indicates there is a potential upside of 12.8%. The 50 day MA is 104.32 and the 200 day moving average is 97.81. The market capitalisation for the company is $233,313m. Company Website: https://www.novonordisk.com
The potential market cap would be $263,187m based on the market concensus.
Novo Nordisk A/S, a healthcare company, engages in the research, development, manufacture, and marketing of pharmaceutical products worldwide. It operates in two segments, Diabetes and Obesity care, and Biopharm. The Diabetes and Obesity care segment provides products in the areas of insulins, GLP-1 and related delivery systems, oral antidiabetic products, obesity, and other chronic diseases. The Biopharmaceuticals segment offers products in the areas of haemophilia, growth disorders, and hormone replacement therapy. The company collaboration agreements with Gilead Sciences Novo Nordisk A/S also has a research collaboration with Lumen Bioscience to explore strategies for delivering oral biologics for cardiometabolic disease. The company was founded in 1923 and is headquartered in Bagsvaerd, Denmark.
