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GlaxoSmithKline plc 12.5% Potential Upside Indicated by DZ Bank

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GlaxoSmithKline plc using EPIC/TICKER code (LON:GSK) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ this morning by analysts at DZ Bank. GlaxoSmithKline plc are listed in the Health Care sector within UK Main Market. DZ Bank have set a target price of 2000 GBX on its stock. This is indicating the analyst believes there is a potential upside of 12.5% from today’s opening price of 1777 GBX. Over the last 30 and 90 trading days the company share price has increased 46.4 points and increased 63.4 points respectively. The 52 week high for the stock is 1796.4 GBX while the 52 week low for the stock is 1408.8 GBX.

GlaxoSmithKline plc has a 50 day moving average of 1,703.56 GBX and the 200 Day Moving Average price is recorded at 1,615.36. There are currently 4,988,724,301 shares in issue with the average daily volume traded being 9,920,398. Market capitalisation for LON:GSK is £88,549,856,342 GBP.

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