Related posts
Top Covid-19 Vaccine Stocks to Bet on the Immunization Race (Updated)COVID-19 Stocks to Save Your RRSP + Forecasts and Facts (Updated)Battle of the Top Dividend ETFs : CanadaThis summary was created by AI, based on 2 opinions in the last 12 months.
Experts agree that Sanofi-Aventis (SNY-N) is a strong investment with potential for growth. The company has a diverse portfolio of products, including treatments for MS, myeloma, and dermatitis, and is also prudently managing its cash reserves to reduce long term debt and buy back shares. There is consensus that the stock has potential for a significant upside, with a 4.2% yield and an analysts' price target of $57.50. Despite a recent dip due to the spin-off of its consumer healthcare operations, experts believe the stock is now breaking out and could trade in a higher range.
SNY touched the bottom of its range in October 2023 on weak earnings and news that it would spin-off its consumer healthcare operations. The stock looks to be breaking out and while very hard to predict we think it is possible it trades in a higher new range. The drop last year was likely a one-off driven by the spin-off news, and barring a significant news item as such or consistently weak earnings, we would be surprised if it got back to the low-end of its range.
Unlock Premium - Try 5i Free
Sanofi-Aventis is a American stock, trading under the symbol SNY-N on the New York Stock Exchange (SNY). It is usually referred to as NYSE:SNY or SNY-N
In the last year, 1 stock analyst published opinions about SNY-N. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Sanofi-Aventis.
Sanofi-Aventis was recommended as a Top Pick by on . Read the latest stock experts ratings for Sanofi-Aventis.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
1 stock analyst on Stockchase covered Sanofi-Aventis In the last year. It is a trending stock that is worth watching.
On 2025-01-10, Sanofi-Aventis (SNY-N) stock closed at a price of $48.73.
This french pharma company, developer of treatments for MS, myeloma and dermatitis (among many other products) is a TOP PICK. It trades at 25x earnings, under 2x book value and supports a 27% ROE. Cash reserves are being prudently used to reduce long term debt and the company is also buying back shares. We recommend setting a stop-loss at $42, looking to achieve $58 -- upside potential of 18%. Yield 4.2%
(Analysts’ price target is $57.50)