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Barclays Reaffirms Their Buy Rating on Haleon PLC (HLN)

Tipranks - Tipranks - Thu Jun 25, 1:24AM CDT

In a report released today, Warren Ackerman from Barclays maintained a Buy rating on Haleon PLC, with a price target of £4.15.

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According to TipRanks, Ackerman is an analyst with an average return of -0.7% and a 43.60% success rate. Ackerman covers the Consumer Defensive sector, focusing on stocks such as Reckitt, Nestlé SA, and Unilever.

In addition to Barclays, Haleon PLC also received a Buy from Morgan Stanley’s Sarah Simon in a report issued on June 15. However, on June 16, Rothschild & Co Redburn downgraded Haleon PLC (LSE: HLN) to a Hold.

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Based on Haleon PLC’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of p2.74 billion and a net profit of p403 million. In comparison, last year the company earned a revenue of p2.78 billion and had a net profit of p303 million

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