Novo Nordisk A/S found using ticker (NVO) have now 2 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 116 and 112.29 calculating the average target price we see 114.15. Given that the stocks previous close was at 117.13 this would indicate that there is a downside of -2.5%. There is a 50 day moving average of 105.09 while the 200 day moving average is 102.41. The market cap for the company is $276,963m. Company Website: https://www.novonordisk.com
The potential market cap would be $269,917m 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.
