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Novo Nordisk A/S has a consensus price target of $124.43 based on the ratings of 12 analysts. The high is $160 issued by Cantor Fitzgerald on August 19, 2024. The low is $31 issued by BTIG on March 28, 2023. The 3 most-recent analyst ratings were released by Cantor Fitzgerald, BMO Capital, and Cantor Fitzgerald on August 19, 2024, August 8, 2024, and August 5, 2024, respectively. With an average price target of $160 between Cantor Fitzgerald, BMO Capital, and Cantor Fitzgerald, there's an implied 17.17% upside for Novo Nordisk A/S from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Novo Nordisk (NYSE:NVO) was reported by Cantor Fitzgerald on August 19, 2024. The analyst firm set a price target for $160.00 expecting NVO to rise to within 12 months (a possible 17.17% upside). 24 analyst firms have reported ratings in the last year.
The latest analyst rating for Novo Nordisk (NYSE:NVO) was provided by Cantor Fitzgerald, and Novo Nordisk reiterated their overweight rating.
The last upgrade for Novo Nordisk A/S happened on June 7, 2022 when JP Morgan raised their price target to N/A. JP Morgan previously had a neutral for Novo Nordisk A/S.
The last downgrade for Novo Nordisk A/S happened on June 28, 2022 when UBS changed their price target from N/A to N/A for Novo Nordisk A/S.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Novo Nordisk, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Novo Nordisk was filed on August 19, 2024 so you should expect the next rating to be made available sometime around August 19, 2025.
While ratings are subjective and will change, the latest Novo Nordisk (NVO) rating was a reiterated with a price target of $160.00 to $160.00. The current price Novo Nordisk (NVO) is trading at is $136.55, which is out of the analyst’s predicted range.
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