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Haleon PLC (HLN) Receives a Buy from Berenberg Bank

Tipranks - Tipranks - Thu Aug 6, 4:06AM CDT

In a report released today, Bethan Davies from Berenberg Bank reiterated a Buy rating on Haleon PLC, with a price target of p514.00.

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According to TipRanks, Davies is ranked #4342 out of 12376 analysts.

In addition to Berenberg Bank, Haleon PLC also received a Buy from Goldman Sachs’s Olivier Nicolai in a report issued on July 31. However, on the same day, Deutsche Bank reiterated a Sell rating on Haleon PLC (LSE: HLN).

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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 29 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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