Novo Nordisk A/S found using ticker (NVO) now have 2 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 119.71 and 115.89 with the average target price sitting at 117.8. Given that the stocks previous close was at 112.54 this is indicating there is a potential upside of 4.7%. There is a 50 day moving average of 102.97 and the 200 moving average now moves to 101.56. The company has a market cap of $252,866m. Find out more information at: https://www.novonordisk.com
The potential market cap would be $264,685m 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.
