Sanofi SA Reaches New 52-Week High at $54.95 (SNY)
Sanofi SA (NYSE:SNY) reached a new 52-week high during mid-day trading on Tuesday , Analyst Ratings Net reports. The stock traded as high as $54.95 and last traded at $54.85, with a volume of 693,463 shares. The stock had previously closed at $53.72.
SNY has been the subject of a number of recent research reports. Analysts at Zacks reiterated a “neutral” rating on shares of Sanofi SA in a research note on Monday, August 4th. They now have a $56.00 price target on the stock. Analysts at Mainfirst upgraded shares of Sanofi SA to an “outperform” rating in a research note on Monday, July 28th. Five equities research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $54.50.
The stock’s 50-day moving average is $52.22 and its 200-day moving average is $52.27. The company has a market cap of $143.7 billion and a price-to-earnings ratio of 26.01.
Sanofi SA (NYSE:SNY) last issued its quarterly earnings data on Thursday, July 31st. The company reported $0.72 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.79 by $0.07. Analysts expect that Sanofi SA will post $3.50 EPS for the current fiscal year.
Sanofi, formerly Sanofi-Aventis is a global and diversified healthcare company. The Company discovers, develops and distributes therapeutic solutions focused on patients’ needs.
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