Barclays keeps Buy rating for Sandoz Group stock at CHF 93.00

Published on 10/07/2026 at 09:14 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Barclays' rating stayed Buy at CHF 93.00 on October 6, 2026. Sandoz Group stock costs EUR 74.59 on October 7, 2026 after EUR 73.91, plus 0.92 percent.

Sandoz, CH1243598427, Illustration mit AI erstellt.

Sandoz Group stock (ISIN CH1243598427) was trading at EUR 74.59 at Lang & Schwarz on October 7, 2026 at 9:12 a.m. CEST, plus 0.92 percent versus the prior close of EUR 73.91. According to Markets Insider on October 6, 2026, Barclays maintained its Buy rating and a CHF 93.00 price target for Sandoz Group.

Barclays target stays above current price

The Barclays target is CHF 18.41 above the EUR 74.59 Lang & Schwarz reference price in nominal terms, but the currencies differ, so no percentage distance is calculated. Markets Insider also reported an analyst consensus of Moderate Buy with a CHF 80.08 target, keeping the published research range above the current euro quote.

The company enters the next update with a clearly dated operating checkpoint. Vermögenszentrum reported on October 1, 2026 that Sandoz kept its full-year 2026 outlook unchanged and scheduled its nine-month and third-quarter sales update for October 28, 2026.

Revenue growth meets margin pressure

For the quarter ending June 30, 2026, Sandoz reported revenue of CHF 5.63 billion, compared with CHF 5.27 billion a year earlier, according to Markets Insider. That is a 6.83 percent increase, while net profit declined to CHF 106.61 million from CHF 377.00 million, a 71.72 percent decrease.

The contrast matters for the October sales update: top-line expansion is visible, while earnings remain sensitive to expenses and pricing. The October 1 outlook cited by Vermögenszentrum calls for mid-to-high single-digit constant-currency sales growth in 2026 and core EBITDA margin expansion of 100 basis points.

Stock trades above prior close

At Lang & Schwarz, the intraday quote stood at EUR 74.59 on October 7, 2026 at 9:12 a.m. CEST, plus 0.92 percent versus the prior close of EUR 73.91 on October 6, 2026. Sandoz Group is listed on the SIX Swiss Exchange under ticker SDZ, while its OTCQX symbol is SDZNY. The further course of trading is shown by the continuously updated real-time quote of Sandoz stock.