GlaxoSmithKline plc (LON:GSK) insider Victoria Whyte sold 5,199 shares of the business’s stock in a transaction on Monday, February 12th. The shares were sold at an average price of GBX 1,295 ($17.89), for a total transaction of £67,327.05 ($93,018.86).
GlaxoSmithKline plc (LON GSK) opened at GBX 1,291 ($17.84) on Wednesday. The firm has a market cap of $64,010.00 and a PE ratio of 4,164.52. GlaxoSmithKline plc has a 1 year low of GBX 1,235.20 ($17.07) and a 1 year high of GBX 1,724.50 ($23.83).
The business also recently declared a dividend, which will be paid on Thursday, April 12th. Investors of record on Thursday, February 22nd will be given a dividend of GBX 23 ($0.32) per share. The ex-dividend date of this dividend is Thursday, February 22nd. This represents a yield of 1.78%. This is a positive change from GlaxoSmithKline’s previous dividend of $19.00.
GSK has been the subject of a number of recent research reports. Societe Generale restated a “sell” rating on shares of GlaxoSmithKline in a research note on Thursday, November 9th. Berenberg Bank decreased their price target on shares of GlaxoSmithKline from GBX 1,835 ($25.35) to GBX 1,760 ($24.32) and set a “buy” rating for the company in a research note on Thursday, November 2nd. Morgan Stanley set a GBX 1,450 ($20.03) price target on shares of GlaxoSmithKline and gave the company a “sell” rating in a research note on Monday, November 6th. Deutsche Bank set a GBX 1,610 ($22.24) price target on shares of GlaxoSmithKline and gave the company a “neutral” rating in a research note on Friday, October 27th. Finally, Barclays restated an “equal weight” rating and set a GBX 1,450 ($20.03) price target on shares of GlaxoSmithKline in a research note on Friday, October 27th. Two investment analysts have rated the stock with a sell rating, twelve have issued a hold rating and nine have assigned a buy rating to the stock. GlaxoSmithKline presently has a consensus rating of “Hold” and a consensus price target of GBX 1,540.45 ($21.28).
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GlaxoSmithKline Company Profile
GlaxoSmithKline plc is a global healthcare company. 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.
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