Fintel reports that on January 5, 2025, BNP PARIBAS EXANE upgraded their outlook for Novo Nordisk A (OTCPK:NONOF) from Neutral to Outperform.
Analyst Price Forecast Suggests 2.43% Downside
As of December 23, 2024, the average one-year price target for Novo Nordisk A is $137.57/share. The forecasts range from a low of $81.35 to a high of $173.68. The average price target represents a decrease of 2.43% from its latest reported closing price of $140.99 / share.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Novo Nordisk A is 226,110MM, a decrease of 16.44%. The projected annual non-GAAP EPS is 35.31.
What is the Fund Sentiment?
There are 804 funds or institutions reporting positions in Novo Nordisk A. This is an increase of 9 owner(s) or 1.13% in the last quarter. Average portfolio weight of all funds dedicated to NONOF is 0.63%, an increase of 72.53%. Total shares owned by institutions increased in the last three months by 0.86% to 597,255K shares.
What are Other Shareholders Doing?
AEPGX - EUROPACIFIC GROWTH FUND holds 48,305K shares representing 1.43% ownership of the company. In its prior filing, the firm reported owning 50,381K shares , representing a decrease of 4.30%. The firm decreased its portfolio allocation in NONOF by 22.35% over the last quarter.
VGTSX - Vanguard Total International Stock Index Fund Investor Shares holds 43,105K shares representing 1.28% ownership of the company. In its prior filing, the firm reported owning 42,526K shares , representing an increase of 1.34%. The firm decreased its portfolio allocation in NONOF by 14.29% over the last quarter.
ANWPX - NEW PERSPECTIVE FUND holds 31,387K shares representing 0.93% ownership of the company. In its prior filing, the firm reported owning 31,587K shares , representing a decrease of 0.64%. The firm decreased its portfolio allocation in NONOF by 21.08% over the last quarter.
GSIHX - Goldman Sachs GQG Partners International Opportunities Fund Shares holds 28,447K shares representing 0.85% ownership of the company. In its prior filing, the firm reported owning 26,317K shares , representing an increase of 7.49%. The firm decreased its portfolio allocation in NONOF by 9.98% over the last quarter.
VTMGX - Vanguard Developed Markets Index Fund Admiral Shares holds 26,413K shares representing 0.78% ownership of the company. In its prior filing, the firm reported owning 25,732K shares , representing an increase of 2.58%. The firm decreased its portfolio allocation in NONOF by 21.36% over the last quarter.
Fintel is one of the most comprehensive investing research platforms available to individual investors, traders, financial advisors, and small hedge funds.
Our data covers the world, and includes fundamentals, analyst reports, ownership data and fund sentiment, options sentiment, insider trading, options flow, unusual options trades, and much more. Additionally, our exclusive stock picks are powered by advanced, backtested quantitative models for improved profits.
This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
