Other analysts have also recently issued reports about the stock. Barclays lifted their price objective on shares of GlaxoSmithKline from GBX 1,400 ($19.00) to GBX 1,600 ($21.72) and gave the company an “equal weight” rating in a research note on Friday, November 5th. The Goldman Sachs Group set a GBX 2,000 ($27.15) price objective on shares of GlaxoSmithKline in a research note on Friday, January 7th. Credit Suisse Group set a GBX 1,400 ($19.00) target price on shares of GlaxoSmithKline in a research note on Thursday, October 28th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a GBX 1,350 ($18.32) target price on shares of GlaxoSmithKline in a research note on Wednesday, January 5th. Finally, Kepler Capital Markets set a GBX 1,500 ($20.36) target price on shares of GlaxoSmithKline in a research note on Thursday, October 28th. One investment analyst has rated the stock with a sell rating, ten have issued a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of GBX 1,591.80 ($21.61).
Shares of LON GSK opened at GBX 1,641 ($22.28) on Friday. The company has a current ratio of 0.81, a quick ratio of 0.53 and a debt-to-equity ratio of 117.74. GlaxoSmithKline has a 12 month low of GBX 1,190.80 ($16.16) and a 12 month high of GBX 1,650.60 ($22.41). The company has a 50 day simple moving average of GBX 1,583.52 and a two-hundred day simple moving average of GBX 1,489.71. The stock has a market cap of £82.57 billion and a price-to-earnings ratio of 19.24.
GlaxoSmithKline plc, together with its subsidiaries, engages in the creation, discovery, development, manufacture, and marketing of pharmaceutical products, vaccines, over-the-counter medicines, and health-related consumer products in the United Kingdom, the United States, and internationally. It operates through four segments: Pharmaceuticals, Pharmaceuticals R&D, Vaccines, and Consumer Healthcare.
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