Stock To Watch: Novartis AG (NYSE:NVS)


The leading market experts have placed a mean price target of $92.50 on Novartis AG (NYSE:NVS) stock. This price level, which is estimated to be attained in one-year indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $1.22 a share for the upcoming quarter and $4.81 for the current fiscal. Technical View The technical analysis of Novartis AG Common Stock plainly substantiates that the 50-day moving average of Novartis AG Common Stock is $77.40, and stock is hovering 1.61 or +2.08% distant from $77.40. It is noted that the 200-day MA is $77.77, and Novartis AG Common Stock stock is $1.24 or +1.59% off from this point. Novartis AG (NYSE:NVS) 52-week high is $106.84 and the 52-week low is $69.90. This explains if the stock moves $-27.83, it will post a 52-week high. In event of $+13.03% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of Novartis AG Common Stock, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Novartis AG (NYSE:NVS) ratio came in at 28.18. The stock last ended the trading session at $79.01 and registered a market cap of $188.14B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Novartis AG (NYSE:NVS) PEG ratio is at 3.48.

1 Chart Pattern Every Investor Should Know

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