📣 Sanofi's Stock Valuation and Recent Downgrade by UBS
Sanofi (NASDAQ: SNY) has been identified as one of the most undervalued foreign stocks according to analysts, with a forward P/E ratio of 10.04 and a potential upside of 25.16%. Berenberg Bank recently reiterated a Buy rating with a price target of $62. However, UBS downgraded Sanofi from Buy to... Read more →
Sanofi (NASDAQ: SNY) has been identified as one of the most undervalued foreign stocks according to analysts, with a forward P/E ratio of 10.04 and a potential upside of 25.16%. Berenberg Bank recently reiterated a Buy rating with a price target of $62. However, UBS downgraded Sanofi from Buy to Neutral, lowering its price target from €105 to €88, citing recent clinical trial failures, particularly the failure of Tolebrutinib in treating progressive multiple sclerosis and a delayed FDA approval due to serious liver injury risks. UBS analysts expressed concerns over Sanofi's weak pipeline and suggested that mergers and acquisitions may be the only viable option for the company moving forward. The downgrade also included an 8% reduction in mid-term earnings estimates for 2027-2030.
Read full article: https://www.insidermonkey.com/blog/10-most-undervalued-foreign-stocks-to-buy-according-to-analysts-2-1680667/2/
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