What is the best trade option for Sanofi ADR (SNY) stock?

Sanofi ADR [SNY] stock is trading at $50.36, up 2.88%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The SNY shares have gain 2.75% over the last week, with a monthly amount glided 5.60%, and seem to be holding up well over a long-time horizon.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

From an analyst’s perspective:

Sanofi ADR [NASDAQ: SNY] stock has seen the most recent analyst activity on January 23, 2024, when Morgan Stanley initiated its Equal-Weight rating and assigned the stock a price target of $55. On December 05, 2023, downgrade downgraded it’s rating to Neutral. Stifel downgraded its rating to a Hold. Berenberg upgraded its rating to a Buy. In a note dated April 28, 2023, Deutsche Bank downgraded an Sell rating on this stock.

Sanofi ADR [SNY] stock has fluctuated between $42.63 and $55.72 over the past year. Currently, Wall Street analysts expect the stock to reach $51.54 within the next 12 months. Sanofi ADR [NASDAQ: SNY] shares were valued at $50.36 at the most recent close of the market. An investor can expect a potential return of 2.34% based on the average SNY price forecast.

Analyzing the SNY fundamentals

Sanofi ADR [NASDAQ:SNY] reported sales of 46.56B for the trailing twelve months, which represents a drop of -13.36%. Gross Profit Margin for this corporation currently stands at 0.66% with Operating Profit Margin at 0.2%, Pretax Profit Margin comes in at 0.16%, and Net Profit Margin reading is 0.12%.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 49.14 points at the first support level, and at 47.93 for the second support level. However, for the 1st resistance point, the stock is sitting at 51.08, and for the 2nd resistance point, it is at 51.81.

Ratios To Look Out For

For context, Sanofi ADR’s Current Ratio is 1.27. Also, the Quick Ratio is 0.87. Considering the valuation of this stock, the price to sales ratio is 2.71, the price to book ratio is 1.54 and price to earnings (TTM) ratio is 21.68.

Related Posts