InvestorsObserver is giving Novartis AG (NVS) an Analyst Rating Rank of 21, meaning NVS is ranked higher by analysts than 21% of stocks. The average price target for NVS is $101.666 and analyst’s rate the stock as a Buy.
Wall Street analysts are rating NVS a Buy today. Find out what this means to you and get the rest of the rankings on NVS!
Why are Analyst Ratings Important?
Though analyst projections should not be your only resource when determining your position on a stock, it can be a very useful tool. Analysts follow sectors/industries in-depth and tend to know how local and global conditions tend to affect demand and prices. Many analysts even participate in conference calls where they can get information to better make sense of the numbers.
InvestorsObserver averages the ratings provided by analysts and then ranks their score as a percent against the market. This allows you to compare stocks in a more comprehensive fashion than with the typical buy/sell/hold ranking.
What's Happening With Novartis AG Stock Today?
Novartis AG (NVS) stock is trading at $78.12 as of 10:47 AM on Tuesday, Oct 4, a gain of $1.45, or 1.89% from the previous closing price of $76.67. The stock has traded between $77.54 and $78.47 so far today. Volume today is less active than usual. So far 478,845 shares have traded compared to average volume of 2,708,024 shares.
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