Novo Nordisk A/S – Consensus Indicates Potential 14.2% Upside

Broker Ratings
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Novo Nordisk A/S found using ticker (NVO) now have 3 analysts in total covering the stock. The consensus rating is ‘Strong_Buy’. The range between the high target price and low target price is between 136.21 and 121.43 and has a mean target at 129.73. Now with the previous closing price of 113.59 this would indicate that there is a potential upside of 14.2%. The day 50 moving average is 109.36 while the 200 day moving average is 107.74. The company has a market capitalisation of $262,701m. Visit the company website at: https://www.novonordisk.com

The potential market cap would be $300,028m 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.

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