Novo Nordisk A/S found using ticker (NVO) now have 2 analysts covering the stock. The analyst consensus points to a rating of ‘Strong_Buy’. The range between the high target price and low target price is between 136.15 and 131.49 with the average target price sitting at 133.82. Given that the stocks previous close was at 113.91 this indicates there is a potential upside of 17.5%. The 50 day moving average now sits at 109.91 and the 200 moving average now moves to 105.02. The market cap for the company is $256,400m. Company Website: https://www.novonordisk.com
The potential market cap would be $301,215m 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.
