Sanofi SA (SAN) Receives Average Recommendation of “Hold” from Brokerages

Shares of Sanofi SA (EPA:SAN) have received an average recommendation of “Hold” from the seventeen brokerages that are currently covering the stock, MarketBeat.com reports. Two equities research analysts have rated the stock with a sell recommendation, eleven have assigned a hold recommendation and four have assigned a buy recommendation to the company. The average 1-year price target among brokers that have covered the stock in the last year is €77.65 ($90.29).

Several equities analysts recently commented on the stock. Cfra set a €68.00 ($79.07) target price on shares of Sanofi and gave the company a “neutral” rating in a report on Monday, April 30th. Goldman Sachs Group set a €74.00 ($86.05) target price on shares of Sanofi and gave the company a “neutral” rating in a report on Monday, April 30th. Credit Suisse Group set a €80.00 ($93.02) price target on shares of Sanofi and gave the stock a “buy” rating in a report on Monday, April 30th. Deutsche Bank set a €88.00 ($102.33) price target on shares of Sanofi and gave the stock a “buy” rating in a report on Monday, April 30th. Finally, Jefferies Financial Group set a €72.00 ($83.72) price target on shares of Sanofi and gave the stock a “neutral” rating in a report on Friday, April 13th.

Sanofi opened at €66.17 ($76.94) on Monday, MarketBeat reports. Sanofi has a 52 week low of €63.09 ($73.36) and a 52 week high of €92.97 ($108.10).

About Sanofi

Sanofi provides therapeutic solutions. It offers Cerezyme and Cerdelga for Gaucher disease, Myozyme and Lumizyme for Pompe disease, Fabrazyme for Fabry disease, and Aldurazyme for mucopolysaccharidosis Type 1; and Aubagio, an oral immunomodulator and Lemtrada, a monoclonal antibody to treat multiple sclerosis.

Everbridge Inc (EVBG) CEO & Chairman Jaime Wallace Ellertson Sold $18.9 million of Shares

CEO & Chairman of Everbridge Inc (NASDAQ:EVBG) Jaime Wallace Ellertson sold 381,607 shares of EVBG on 06/22/2018 at an average price of $49.55 a share. The total sale was $18.9 million.

CEO Recent Trades:

CEO & Chairman Jaime Wallace Ellertson sold 381,607 shares of EVBG stock on 06/22/2018 at the average price of $49.55. The price of the stock has decreased by 4.44% since.CEO & Chairman Jaime Wallace Ellertson sold 219,349 shares of EVBG stock on 06/19/2018 at the average price of $51.33. The price of the stock has decreased by 7.75% since.

CFO Recent Trades:

SVP, CFO and Treasurer Kenneth S Goldman sold 9,500 shares of EVBG stock on 06/18/2018 at the average price of $51.29. The price of the stock has decreased by 7.68% since.

Directors and Officers Recent Trades:

SVP & Chief Technology Officer Imad Mouline sold 3,362 shares of EVBG stock on 06/18/2018 at the average price of $51.29. The price of the stock has decreased by 7.68% since.President Robert W Hughes sold 5,784 shares of EVBG stock on 06/11/2018 at the average price of $47.7. The price of the stock has decreased by 0.73% since.SVP & General Counsel Elliot J. Mark sold 1,000 shares of EVBG stock on 06/01/2018 at the average price of $46.04. The price of the stock has increased by 2.85% since.SVP & Chief Technology Officer Imad Mouline sold 1,974 shares of EVBG stock on 06/01/2018 at the average price of $46.11. The price of the stock has increased by 2.69% since.SVP & Chief Technology Officer Imad Mouline sold 3,000 shares of EVBG stock on 06/01/2018 at the average price of $46.11. The price of the stock has increased by 2.69% since.

For the complete insider trading history of EVBG, click here

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ICICI naming interim head calms investor nerves, but more clarity awaited

Brokerages welcome the management revamp at ICICI Bank�but await more clarity on a probe into nepotism allegations against CEO Chanda Kochhar and possible succession.

Mumbai-based lender on Monday named group veteran Sandeep Bakhshi as interim head, and said Kochhar would go on leave till the completion of a probe into alleged conflict of interest over loans given to Videocon whose founders had an interest in a renewable company founded by her husband.

Kotak Securities says it sees the development as an important step to address a key concern that has been a headwind to the stock in recent months.

While Bakhshi��s appointment is ��a step better��, still too many questions left unanswered, fund manager who holds ICICI shares says.

Morgan Stanley says Bakhshi will likely be a front-runner for the CEO job as Kochhar��s current term ends in early 2019, although board could also look for external candidates.

Despite being inexpensive, ICICI stock could continue to lag peers in the near term given the uncertainty around top management, Morgan Stanley says. First Published on Jun 19, 2018 03:40 pm