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GlaxoSmithKline plc 0.3% Potential Decrease Indicated by Deutsche Bank

Broker Ratings

GlaxoSmithKline plc with EPIC/TICKER (LON:GSK) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘HOLD’ this morning by analysts at Deutsche Bank. GlaxoSmithKline plc are listed in the Health Care sector within UK Main Market. Deutsche Bank have set their target price at 1550 GBX on its stock. This would imply the analyst believes there is a potential downside of -.3% from the opening price of 1555.2 GBX. Over the last 30 and 90 trading days the company share price has decreased 32.4 points and increased 73.4 points respectively. The 1 year high for the share price is 1648.8 GBX while the 52 week low for the share price is 1274.33 GBX.

GlaxoSmithKline plc has a 50 day moving average of 1,556.32 GBX and a 200 Day Moving Average share price is recorded at 1,546.65. There are currently 4,987,785,834 shares in issue with the average daily volume traded being 8,432,452. Market capitalisation for LON:GSK is £77,998,997,307 GBP.

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