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.

NVO was given price targets by several analysts. The highest price target was 53.74, implying potential capital gains of 29.53 percent. The most pessimistic analyst gave a price target of 30.94, which equates to a potential downside of -25.43 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 3.64 percent. That number becomes 4.58 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed upwards by 1.99 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 5.01 percent.

People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 2 analysts increased their quarterly estimates, which can be compared to the 0 analysts that decreased their estimates. Also over the last month, 3 analysts increased their estimates for the FY earnings, while 0 analysts made negative revisions to their fiscal year's estimates.

Analysts estimate earnings of NVO to grow at a rate of 1.32 percent. Another measure frequently examined by investors is the PEG ratio. Investors like to see smaller values for the PEG ratio, as that can indicate whether the high price level of a stock is warranted by high growth. People often look for the PEG ratio to be under 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of NVO is 13.93.

NVO has a 52-week high of 57.41 and a 52-week low of 30.89. The current market price is above the trailing year's low by 34.32 percent, and 27.73 percent below the high. NVO has a price/earnings 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.