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GlaxoSmithKline plc 26.6% Potential Upside Indicated by Goldman Sachs

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GlaxoSmithKline plc with EPIC/TICKER (LON:GSK) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ today by analysts at Goldman Sachs. GlaxoSmithKline plc are listed in the Health Care sector within UK Main Market. Goldman Sachs have set a target price of 2060 GBX on its stock. This would imply the analyst believes there is now a potential upside of 26.6% from today’s opening price of 1627.2 GBX. Over the last 30 and 90 trading days the company share price has increased 117.8 points and decreased 190.8 points respectively. The 1 year high stock price is 1857 GBX while the 52 week low is 1328.19 GBX.

GlaxoSmithKline plc has a 50 day moving average of 1,589.93 GBX and a 200 Day Moving Average share price is recorded at 1,701.27. There are currently 5,017,083,206 shares in issue with the average daily volume traded being 12,796,959. Market capitalisation for LON:GSK is £82,771,841,182 GBP.

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