GlaxoSmithKline (GSK) Receives a Buy from Jefferies
Jefferies analyst Michael Leuchten maintained a Buy rating on GlaxoSmithKline today and set a price target of £25.00.
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According to TipRanks, Leuchten is ranked #11268 out of 12068 analysts.
The word on The Street in general, suggests a Hold analyst consensus rating for GlaxoSmithKline with a p2,014.55 average price target.
Based on GlaxoSmithKline’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of p8.62 billion and a net profit of p636 million. In comparison, last year the company earned a revenue of p8.12 billion and had a net profit of p414 million
Based on the recent corporate insider activity of 317 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of GSK in relation to earlier this year.
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