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Goldman Sachs Reaffirms Their Buy Rating on Haleon PLC (HLN)

Tipranks - Tipranks - Sat Aug 1, 1:26AM CDT

In a report released today, Olivier Nicolai from Goldman Sachs reiterated a Buy rating on Haleon PLC, with a price target of p450.00.

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According to TipRanks, Nicolai is a 3-star analyst with an average return of 3.2% and a 55.31% success rate.

In a report released yesterday, Jefferies also maintained a Buy rating on the stock with a p400.00 price target.

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Based on Haleon PLC’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of p2.78 billion and a net profit of p430.5 million. In comparison, last year the company earned a revenue of p2.76 billion and had a net profit of p231 million

Based on the recent corporate insider activity of 31 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 HLN in relation to earlier this year.

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