Nord/LB Reaffirms Neutral Rating for Sanofi (SNY)

Nord/LB reiterated their neutral rating on shares of Sanofi (NYSE:SNY) in a report released on Tuesday morning.

Several other brokerages have also recently commented on SNY. Zacks Investment Research cut shares of Sanofi from a hold rating to a strong sell rating in a research note on Friday, October 6th. JPMorgan Chase & Co. restated a neutral rating on shares of Sanofi in a research note on Friday, September 15th. Morgan Stanley cut shares of Sanofi from an overweight rating to an underweight rating in a research note on Friday, December 1st. Barclays raised shares of Sanofi from an underweight rating to an equal weight rating in a report on Wednesday, November 15th. Finally, Bank of America lowered shares of Sanofi from a buy rating to a neutral rating in a report on Wednesday, December 6th. Two investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and three have given a buy rating to the stock. Sanofi currently has an average rating of Hold and a consensus target price of $51.50.

Shares of Sanofi (NYSE SNY) traded up $0.70 during midday trading on Tuesday, reaching $43.90. 1,160,000 shares of the company’s stock traded hands, compared to its average volume of 1,070,233. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.16 and a current ratio of 1.59. Sanofi has a twelve month low of $39.42 and a twelve month high of $50.65. The firm has a market cap of $111,270.00, a PE ratio of 20.14, a price-to-earnings-growth ratio of 2.50 and a beta of 0.86.

Several large investors have recently bought and sold shares of SNY. Bank of Nova Scotia Trust Co. purchased a new stake in Sanofi in the 3rd quarter worth $125,000. YorkBridge Wealth Partners LLC increased its holdings in Sanofi by 33.7% in the 2nd quarter. YorkBridge Wealth Partners LLC now owns 3,076 shares of the company’s stock worth $147,000 after acquiring an additional 776 shares in the last quarter. Bronfman E.L. Rothschild L.P. increased its holdings in Sanofi by 142.8% in the 2nd quarter. Bronfman E.L. Rothschild L.P. now owns 3,567 shares of the company’s stock worth $171,000 after acquiring an additional 2,098 shares in the last quarter. Toronto Dominion Bank increased its holdings in Sanofi by 4.6% in the 2nd quarter. Toronto Dominion Bank now owns 4,054 shares of the company’s stock worth $195,000 after acquiring an additional 180 shares in the last quarter. Finally, Mraz Amerine & Associates Inc. purchased a new stake in Sanofi in the 3rd quarter worth $204,000. 9.08% of the stock is owned by hedge funds and other institutional investors.

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About Sanofi

Sanofi is a healthcare company, focused on patient needs and engaged in the research, development, manufacture and marketing of therapeutic solutions. The Company’s segments are Pharmaceuticals, Human Vaccines (Vaccines), and Other. The Pharmaceuticals segment comprises the commercial operations of various franchises, including Speciality Care (Rare Diseases, Multiple Sclerosis, and Oncology), Diabetes and Cardiovascular, Established Prescription Products, Consumer Healthcare and Generics, and research and development, production and marketing activities for all of the Company’s pharmaceuticals operations.

Analyst Recommendations for Sanofi (NYSE:SNY)

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