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GlaxoSmithKline plc 1.5% Potential Decrease Indicated by Kepler Cheuvreux

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GlaxoSmithKline plc using EPIC/TICKER code (LON:GSK) has had its stock rating noted as ‘Retains’ with the recommendation being set at ‘HOLD’ this morning by analysts at Kepler Cheuvreux. GlaxoSmithKline plc are listed in the Health Care sector within UK Main Market. Kepler Cheuvreux have set a target price of 1540 GBX on its stock. This is indicating the analyst believes there is a potential downside of -1.5% from the opening price of 1563.4 GBX. Over the last 30 and 90 trading days the company share price has increased 51 points and increased 57 points respectively. The 1 year high share price is 1648.8 GBX while the year low stock price is currently 1408.8 GBX.

GlaxoSmithKline plc has a 50 day moving average of 1,563.03 GBX and the 200 Day Moving Average price is recorded at 1,540.91. There are currently 4,987,960,446 shares in issue with the average daily volume traded being 8,260,698. Market capitalisation for LON:GSK is £78,899,560,770 GBP.

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