Novartis (VTX:NOVN) Given a CHF 104 Price Target by Bank of America Analysts

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Bank of America set a CHF 104 price target on Novartis (VTX:NOVN) in a report released on Friday morning, Borsen Zeitung reports. The firm currently has a buy rating on the stock.

Other equities research analysts also recently issued reports about the company. HSBC set a CHF 88 target price on Novartis and gave the company a neutral rating in a report on Monday, July 22nd. Credit Suisse Group set a CHF 88 target price on Novartis and gave the company a neutral rating in a report on Friday, July 19th. UBS Group set a CHF 90 target price on Novartis and gave the company a neutral rating in a report on Tuesday, September 10th. Goldman Sachs Group set a CHF 105 target price on Novartis and gave the company a buy rating in a report on Friday, August 30th. Finally, Kepler Capital Markets set a CHF 87 target price on Novartis and gave the company a buy rating in a report on Tuesday, May 21st. Three investment analysts have rated the stock with a sell rating, four have issued a hold rating and six have issued a buy rating to the company. Novartis currently has a consensus rating of Hold and an average target price of CHF 90.85.

Novartis has a twelve month low of CHF 72.45 and a twelve month high of CHF 88.30.

About Novartis

Novan, Inc, a clinical-stage biotechnology company, focuses on the development and commercialization of nitric oxide-based therapies to treat dermatological and oncovirus-mediated diseases. Its clinical stage product candidates include SB204, a topical monotherapy that is in Phase III pivotal clinical trials for the treatment of acne vulgaris; and SB206, a topical antiviral gel, which is in Phase III pivotal trials for the treatment of patients with external genital warts, and Phase II clinical trial for the treatment of molluscum contagiosum.

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Analyst Recommendations for Novartis (VTX:NOVN)

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