In a report released today, Matthew Weston from UBS maintained a Hold rating on Novartis AG, with a price target of CHF95.00. The company’s shares opened today at CHF106.36.
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According to TipRanks, Weston is a 4-star analyst with an average return of 9.0% and a 75.90% success rate. Weston covers the Healthcare sector, focusing on stocks such as Novo Nordisk, Novartis AG, and Sanofi.
In addition to UBS, Novartis AG also received a Hold from Bank of America Securities’s Sachin Jain in a report issued on September 26. However, on October 7, Barclays maintained a Sell rating on Novartis AG (Six Swiss: NOVN).
NOVN market cap is currently CHF202.7B and has a P/E ratio of 17.81.
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