GlaxoSmithKline plc (GSK) Given Hold Rating at Deutsche Bank AG

GlaxoSmithKline plc (GSK) Given Hold Rating at Deutsche Bank AG”

The brokerage presently has a "neutral" rating on the stock.

Kahn Brothers Group Inc, which manages about $655.75M US Long portfolio, decreased its stake in New York Community (NYSE:NYCB) by 67,760 shares to 1.96 million shares, valued at $25.77 billion in 2017Q2, according to the filing.

GlaxoSmithKline plc (ADR) (NYSE:GSK) has risen 4.26% since September 21, 2016 and is uptrending.

GlaxoSmithKline PLC now has a P/E ratio of 39.88 and the market cap is 98.64B.

Among 15 analysts covering GlaxoSmithKline (NYSE:GSK), 7 have Buy rating, 1 Sell and 7 Hold. Jefferies Group LLC reiterated a "buy" rating and issued a GBX 1,800 ($24.27) target price on shares of GlaxoSmithKline plc in a report on Friday, May 12th. Bryan, Garnier & Co restated a "buy" rating and set a GBX 1,750 ($23.59) price target on shares of GlaxoSmithKline plc in a research report on Wednesday, May 31st. GlaxoSmithKline has a 1 year low of $37.20 and a 1 year high of $44.54. The stock has "Underweight" rating by Morgan Stanley on Friday, September 8. Shore Capital restated a "hold" rating on shares of GlaxoSmithKline plc in a research note on Friday, June 2nd.

Trading volume for GlaxoSmithKline PLC was 181K in the last trading session. The stock's 50 day moving average price is GBX 1,503.38 and its 200-day moving average price is GBX 1,606.97. The 50 day moving average was up $0.60 or +1.51% whereas the 200 day average was down by -3.32%. Deutsche Bank maintained GlaxoSmithKline plc (LON:GSK) on Thursday, April 27 with "Hold" rating. If you are accessing this piece on another publication, it was copied illegally and reposted in violation of global copyright & trademark legislation. The correct version of this piece can be accessed at This dividend amount will represent a yield of $4.93. The ex-dividend date is Thursday, May 11th.

In other news, insider Patrick Vallance bought 861 shares of the stock in a transaction on Friday, July 14th. Also, insider Manvinder Singh Banga bought 2,267 shares of the stock in a transaction on Wednesday, July 26th. The shares were acquired at an average cost of GBX 1,599 ($21.56) per share, for a total transaction of £36,249.33 ($48,873.30). The stock was acquired at an average price of GBX 2,072 ($26.75) per share, with a total value of £1,160.32 ($1,498.15). The Brandes Investment Partners Lp holds 3.15M shares with $121.29M value, down from 3.53 million last quarter.

The pharmaceutical business posted $0.70 EPS for the period, exceeding Thomson Reuters' average forecast of $0.68 by $0.02. the company reported sales of $9.36 B for the period, compared to analysts' anticipations of $9.52 B. GlaxoSmithKline had a net profit margin of 6.48% and a ROE of 114.93%. experts expect that GlaxoSmithKline to post $2.87 EPS for the full year. The Company operates through three segments: Pharmaceuticals, Vaccines and Consumer Healthcare. The Company focuses on its research across six areas: Respiratory diseases, human immunodeficiency virus (HIV)/infectious diseases, Vaccines, Immuno-inflammation, Oncology and Rare diseases.

Like this


22 September 2017
Saif Ali Khan celebrates wife Kareena Kapoor Khan's birthday with grand bash
Though the attire was a graceful number, we liked how the black blazer hung on the chair, she sat on, looked just so ideal to be worn with the saree.

22 September 2017
Asian shares slip as investors await Fed meeting for rate clues
The futures market implied traders saw a 58 percent chance of a rate increase at year-end, CME Group's FedWatch showed. Income-seeking investors find those stocks less appealing when bond yields move higher.

22 September 2017
Iran rules out fresh nuclear talks with United States as 'waste of time'
However, according to the report, all but one of the IR-8s and numerous IR-6s broke because carbon fibre components failed. So again, if Trump pulls out, the USA will take the blame. "It doesn't slow their program enough", said Tillerson.

22 September 2017
Chelsea boost ahead of Saturday's Premier League clash at Stoke
That's where we find ourselves and it's coincided with the fact we can't play Kurt Zouma. Stoke City boss Mark Hughes says the Premier League will miss Diego Costa .

22 September 2017
Couple charged with murder after burned body found in Southfields garden
One woman, 29, said she was passing the street when she saw what she thought was a "weird barbecue" taking place in a back yard. The victim has been named locally as Sophie Lionnet, 21, from France, who had been working for the couple as a live-in nanny.

22 September 2017
States must compensate victims of cow vigilantism
The Supreme court has ruled that the states must have a scheme wherein victims of cow vigilantes are compensated. Gujarat, Rajasthan, Jharkhand, Karnataka and Uttar Pradesh have filed their compliance reports today.

22 September 2017
Intex launches its latest budget-orientated smartphone Aqua Lions 2 in India
Running on Android Nougat and VoLTE support are it's biggest plus points and makes it a good pick for first time smartphone users. The front board of the Aqua Lions 2 dons a display of 5-inch screen, which features a determination of 854×480 pixels.

22 September 2017
What do Insider Trends Have to Say About Wells Fargo & Company (WFC)?
It increased, as 85 investors sold WFC shares while 685 reduced holdings. 110 funds opened positions while 566 raised stakes. Highlander Management Limited Liability Corp holds 0.12% of its portfolio in Wells Fargo & Co (NYSE:WFC) for 2,676 shares.

22 September 2017
JPMorgan's Dimon accused of market abuse over bitcoin
The Swedish regulator said it does not comment "if we are looking into matters like this or not". Featured image from Wikimedia .

22 September 2017
CCleaner attack by hackers aimed at major tech companies, researchers say
The investigation into the supply chain attack and hunt for the perpetrators continues, according to Avast researchers. Vlcek said consumer CCleaner users still did not need to restore their computers from backups.