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Added to YB: 2025-01-31

Pitch date: 2024-12-31

NVO [bullish]

Novo Nordisk A/S

-41.78%

current return

Author Info

No bio for this author

Company Info

Novo Nordisk A/S, together with its subsidiaries, engages in the research and development, manufacture, and distribution of pharmaceutical products in Europe, the Middle East, Africa, Mainland China, Hong Kong, Taiwan, North America, and internationally.

Market Cap

DKK 1.4T

Pitch Price

DKK 86.19

Price Target

N/A

Dividend

3.64%

EV/EBITDA

8.92

P/E

13.70

EV/Sales

4.72

Sector

Pharmaceuticals

Category

growth

Show full summary:
ClearBridge Large Cap Growth ESG Strategy New Position: Novo Nordisk

NVO: Danish leader in diabetes/obesity treatments. Bought on dip from trial results. Wegovy lost share to Lilly, but CagriSema to compete better. Attractive valuation given large secular growth in diabesity market. Improved product portfolio and supply position expected.

Read full article (1 min)