GlaxoSmithKline (GSK) Earns Hold Rating from Liberum Capital

Liberum Capital reissued their hold rating on shares of GlaxoSmithKline (LON:GSK) in a report released on Monday morning. Liberum Capital currently has a GBX 1,700 ($22.21) target price on the stock.

GSK has been the topic of several other research reports. Barclays set a GBX 1,750 ($22.87) price objective on shares of GlaxoSmithKline and gave the company a buy rating in a research report on Monday, July 23rd. Societe Generale set a GBX 1,000 ($13.07) price objective on shares of GlaxoSmithKline and gave the company a sell rating in a research report on Monday, September 10th. UBS Group restated a buy rating and set a GBX 1,700 ($22.21) price objective on shares of GlaxoSmithKline in a research report on Thursday, September 27th. Shore Capital upgraded shares of GlaxoSmithKline from an average rating to a buy rating and set a GBX 41.74 ($0.55) price objective on the stock in a research report on Thursday, July 26th. Finally, Cfra set a GBX 1,550 ($20.25) price objective on shares of GlaxoSmithKline and gave the company a neutral rating in a research report on Thursday, July 26th. One investment analyst has rated the stock with a sell rating, ten have assigned a hold rating and nine have assigned a buy rating to the company’s stock. GlaxoSmithKline has an average rating of Hold and an average target price of GBX 1,527.84 ($19.96).

GlaxoSmithKline stock opened at GBX 1,554.80 ($20.32) on Monday. GlaxoSmithKline has a fifty-two week low of GBX 1,235.20 ($16.14) and a fifty-two week high of GBX 1,724.50 ($22.53).

The firm also recently announced a dividend, which will be paid on Thursday, January 10th. Investors of record on Thursday, November 15th will be issued a dividend of GBX 19 ($0.25) per share. This represents a dividend yield of 1.26%. The ex-dividend date of this dividend is Thursday, November 15th.

GlaxoSmithKline Company Profile

GlaxoSmithKline plc engages in the creation, discovery, development, manufacture, and marketing of vaccines, over-the-counter medicines, and health-related consumer products worldwide. It operates through four segments: Pharmaceuticals, Pharmaceuticals R&D, Vaccines, and Consumer Healthcare. The company offers pharmaceutical products comprising medicines in the therapeutic areas, such as respiratory, anti-virals, central nervous system, cardiovascular and urogenital, metabolic, anti-bacterials, dermatology, rare diseases, immuno-inflammation, and HIV, as well as vaccines.

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Analyst Recommendations for GlaxoSmithKline (LON:GSK)

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