Sanofi (NASDAQ:SNY) Upgraded by Wall Street Zen to “Strong-Buy” Rating

Sanofi (NASDAQ:SNYGet Free Report) was upgraded by Wall Street Zen from a “buy” rating to a “strong-buy” rating in a research note issued to investors on Saturday.

Several other research firms also recently weighed in on SNY. Jefferies Financial Group restated a “buy” rating on shares of Sanofi in a report on Monday, October 27th. UBS Group reiterated a “neutral” rating on shares of Sanofi in a report on Friday, January 16th. JPMorgan Chase & Co. restated a “neutral” rating on shares of Sanofi in a report on Monday, December 8th. Barclays cut shares of Sanofi from an “overweight” rating to an “equal weight” rating in a research report on Tuesday, January 6th. Finally, TD Cowen reissued a “hold” rating on shares of Sanofi in a report on Tuesday, December 30th. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and eight have assigned a Hold rating to the stock. According to MarketBeat.com, Sanofi presently has a consensus rating of “Moderate Buy” and an average price target of $62.67.

View Our Latest Stock Report on Sanofi

Sanofi Trading Up 1.8%

SNY opened at $47.04 on Friday. The company has a quick ratio of 0.30, a current ratio of 1.06 and a debt-to-equity ratio of 0.16. The stock’s fifty day moving average is $48.13 and its two-hundred day moving average is $48.69. The company has a market capitalization of $114.73 billion, a P/E ratio of 13.07, a PEG ratio of 1.34 and a beta of 0.45. Sanofi has a 52 week low of $44.62 and a 52 week high of $60.12.

Institutional Trading of Sanofi

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Flagship Harbor Advisors LLC acquired a new stake in shares of Sanofi in the 4th quarter worth $25,000. Financial Consulate Inc. purchased a new stake in Sanofi in the third quarter valued at about $26,000. Ameritas Advisory Services LLC purchased a new stake in Sanofi in the second quarter valued at about $28,000. Measured Wealth Private Client Group LLC acquired a new stake in Sanofi in the third quarter worth about $29,000. Finally, Palisade Asset Management LLC purchased a new stake in shares of Sanofi during the third quarter worth about $30,000. Hedge funds and other institutional investors own 14.03% of the company’s stock.

Sanofi News Roundup

Here are the key news stories impacting Sanofi this week:

Sanofi Company Profile

(Get Free Report)

Sanofi (NASDAQ:SNY) is a multinational pharmaceutical company headquartered in France that researches, develops, manufactures and markets prescription medicines, vaccines and consumer healthcare products. The company operates across multiple therapeutic areas, including immunology, rare diseases, oncology, cardiovascular and metabolic diseases, and vaccines through its Sanofi Pasteur division. Sanofi sells products to hospitals, clinics, governments and retail pharmacies, with a broad global footprint and significant presence in Europe, North America and emerging markets.

Key commercial offerings include specialty biologics and established small-molecule medicines.

Further Reading

Analyst Recommendations for Sanofi (NASDAQ:SNY)

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