Sandoz Group AG Sponsored ADR (OTCMKTS:SDZNY – Get Free Report)’s share price gapped up prior to trading on Thursday. The stock had previously closed at $85.87, but opened at $89.99. Sandoz Group shares last traded at $90.03, with a volume of 857 shares trading hands.
Analyst Upgrades and Downgrades
Separately, Erste Group Bank raised Sandoz Group to a “strong-buy” rating in a report on Thursday, August 27th. Four analysts have rated the stock with a Strong Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Strong Buy”.
View Our Latest Report on SDZNY
Sandoz Group Trading Up 3.4%
About Sandoz Group
Sandoz Group AG is a Switzerland-based pharmaceutical company focused on developing, manufacturing and marketing generic and biosimilar medicines. Its portfolio is designed to expand access to established treatments by offering alternatives to branded products after patent or regulatory exclusivity periods end.
The company supplies medicines across a range of therapeutic areas, including anti-infectives, ophthalmology, respiratory care, central nervous system treatments, dermatology, transplantation and immunology.
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