The Stock of the week: “Alcon Inc”

This week, we consider Alcon Inc. as “our stock of the week”.

Alcon is an American Swiss eye care giant which produces both surgical equipment and vision care products. The company has a long history and currently works in 60 countries serving clients in over 140 countries. It has recently acquired another eye care manufacturer, “Aerie”, expanding its division by 700 million.

• Financial social media sentiment is exceptionally positive, much higher than that of the index and the sector with “Extreme” attention buzz.

• Analysts' consensus rating is "buy" - out of the 23 bank analysts covering the company, 13 recommend buying the stock, 9 suggest holding and 1 selling.

• The upside potential of the stock price expected by the analysts on average over the next 6-12 months is currently 20.03% (reference close of business 22/08/2022)