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 price target was 53.74, implying a possible profit of 29.53 percent. The lowest price target was 30.94, which equates to a potential downside of -25.43 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 3.64 percent. This can be compared with the average change in earnings estimates over the past 3 months, which 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 made positive revisions to their quarterly estimates over the past month, while 0 analysts made negative revisions. During this time, 3 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 0 analysts that revised their FY estimates downwards.

NVO has an estimated earnings growth rate of 1.32 percent as forecasted by analysts. 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. PEG ratios below 1 are often considered desirable, 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 traded between a high of 57.41 and a low of 30.89 over the past year. Today's price is 34.32 percent above the 52-week low, and below the high by 27.73 percent. 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 will post this quarters earnings in days, on 0000-00-00.