Analyst Ratings for Novo Nordisk A/S ADR (NVO)

Updated: 2017-07-28

Analysts covering Novo Nordisk A/S ADR (NYSE:NVO) have given it a consensus rating of Overweight. About 30 days ago, NVO was issued an average rating of Hold.

A buy rating was issued by 12 analysts, 2 gave an overweight rating, 14 gave a hold rating, 3 gave an underweight rating, and 3 gave a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 1. Meanwhile, the number of analysts pessimistic about the company has decreased by 1.

Investment analysts gave a few price targets for NVO. The most optimistic analyst gave a price target of 53.74, implying a possible profit of 29.53 percent. The lowest price target was 30.94, implying potential capital losses of -25.43 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 3.64 percent. The average change in earnings estimates over the last 90 days is 4.58 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 1.99 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 5.01 percent.

Another thing investors often look at is the level of agreement among analysts' revisions. 2 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts revised their estimates downwards. During this time, 3 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts decreased their estimates.

Analysts estimate earnings of NVO to grow at a rate of 1.32 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. Wall Street investors typically prefer a PEG ratio to be smaller than 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. NVO has a PEG ratio of 13.93.

NVO has traded between a high of 57.41 and a low of 30.89 over the past year. The current market price is above the trailing year's low by 34.32 percent, and below the high by 27.73 percent. NVO has a P/E ratio of 18.39. Investors typically compare the P/E ratio to a company's peers in the industry. The NVO value stock report compares NVO to some of its peers using value stock charts. The stock has a market capitalization of $104.49 billion. NVO will post this quarters earnings in days, on 0000-00-00.