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Assessing Novartis’s Performance in October So Far

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Dec. 4 2020, Updated 10:51 a.m. ET

About Novartis

Novartis (NVS) is a leading pharmaceutical company specializing in the research, development, manufacturing, and marketing of a broad range of healthcare products.

The company reports its business in three segments: Innovative Medicines, Sandoz (the generics business), and Alcon (the eye care business).

The above chart compares the stock performances of Novartis and its peers in 2018.

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Novartis’s ADR’s performance

Novartis’s ADR (American depositary receipt) has fallen ~1.0% to date in October, while it’s risen nearly 3.3% in the last month.

Novartis’s ADR has also reported a marginal fall of ~0.2% over the last 12 months and a rise of 1.5% year-to-date in 2018.

However, analysts’ estimates show that the stock’s price could rise ~15.2% over the next 12 months. Analysts’ recommendations show a 12-month target price of $98.50 per share compared to its last price of $85.26 on October 8.

Peers’ stock performances

Novartis’s peers include pharmaceutical companies Merck & Co. (MRK), Eli Lilly and Company (LLY), and GlaxoSmithKline (GSK).

Merck & Co.’s stock price has risen ~0.3% to date in October, while its price has risen nearly 3.5% in the last month.

Eli Lilly’s stock price has risen ~7.2% to date in October, while its stock price has risen nearly 8.8% in the last month.

GlaxoSmithKline’s ADR (GSK) has fallen ~0.9% to date in October, while it’s fallen nearly 0.8% in the last month.

The Invesco International Dividend Achievers ETF (PID) holds 1.9% of its total investments in Novartis’s ADR.

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