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 most optimistic analyst gave a price target of 53.74, implying potential capital gains of 29.53 percent. The most pessimistic analyst gave a price target of 30.94, implying a possible loss 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.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 2 analysts increased their quarterly estimates, while 0 analysts made negative revisions. During this time, 3 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts decreased their estimates.

The growth rate of NVO's earnings is estimated by analysts to be 1.32 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Smaller PEG ratios are desirable, 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, though it could be better to see where the ratio stands relative to peers in the industry. NVO has a PEG ratio of 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 market cap of NVO is $104.49 billion. NVO's next earnings release will be on 0000-00-00, which is days away.