Novartis AG (NOVN) Given a CHF 90 Price Target at HSBC Holdings plc

HSBC Holdings plc set a CHF 90 target price on Novartis AG (VTX:NOVN) in a research note released on Thursday morning. The brokerage currently has a buy rating on the stock.

A number of other brokerages have also recently commented on NOVN. Deutsche Bank AG set a CHF 78 price target on shares of Novartis AG and gave the company a neutral rating in a research note on Wednesday, June 21st. S&P Global set a CHF 82 target price on shares of Novartis AG and gave the stock a neutral rating in a report on Tuesday, July 18th. Goldman Sachs Group, Inc. (The) set a CHF 80 target price on shares of Novartis AG and gave the stock a neutral rating in a report on Thursday, July 20th. Barclays PLC set a CHF 80 target price on shares of Novartis AG and gave the stock a neutral rating in a report on Friday, June 23rd. Finally, Jefferies Group LLC set a CHF 103 target price on shares of Novartis AG and gave the stock a buy rating in a report on Friday, June 23rd. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and seven have assigned a buy rating to the stock. The company currently has an average rating of Hold and a consensus target price of CHF 85.17.

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Novartis AG Company Profile

Novan, Inc, a clinical-stage drug development company, focuses on the development and commercialization of nitric oxide-based therapies in dermatology. Its lead product candidate is SB204, a cosmetically elegant topical gel that targets multiple mechanisms of action for the treatment of acne vulgaris.

Analyst Recommendations for Novartis AG (VTX:NOVN)

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