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RBC Capital Sticks to Their Hold Rating for Haleon PLC (HLN)

Tipranks - Wed Aug 12, 3:52AM CDT

In a report released yesterday, James Edwardes Jones from RBC Capital maintained a Hold rating on Haleon PLC, with a price target of p390.00.

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According to TipRanks, Edwardes Jones is a 4-star analyst with an average return of 4.6% and a 65.60% success rate. Edwardes Jones covers the Consumer Defensive sector, focusing on stocks such as British American Tobacco, Premier Foods, and Reckitt.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Haleon PLC with a p404.89 average price target.

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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