Sanofi : the stock gains 1%, a broker at the purchase

Sanofi : the stock gains 1%, a broker at the purchase

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(CercleFinance.com) – Sanofi shares gain 1% in Paris while earlier today UBS reaffirmed its buy recommendation on the stock with an adjusted target price of 99 to 101 euros, implying a potential 25% increase for the stock, after the last investor day of the French healthcare giant.

The broker said in the summary of its note: « General drugs are not the usual focus of attention, but a new explicit sales target for 2025 implies an increase in consensus estimates in the medium term ».

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101 euros at 3 months in reverse will be difficult.

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Sanofi : the stock gains 1%, a broker at the purchase
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