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Home / Momentum / GlaxoSmithKline (GSK.L) 19-12-19

This report is not a personal recommendation and does not take into account your personal circumstances or appetite for risk.

GlaxoSmithKline (GSK.L) 19-12-19

Will shares in GlaxoSmithKline (GSK.L) continue to new highs?

 

  • The share price performance has been very strong, now trading at 1800.6p (at time of writing), .
  • Will we see an end to the trend, or is the momentum set to continue?
  • Could this be the ideal opportunity for those seeking a momentum play?
  • Whilst the trend has been relentless, remember that strong past performance may not always continue.
  • Technical traders should be mindful of new events, which can influence price action. Check our website and news outlets for updates.
  • Shares -0% from 12-month highs; +25% from 12 month lows.

Latest News

17 Dec:  Jefferies International reiterates its buy rating on GlaxoSmithKline (GSK) and increased the target price to 2000p (from 1850p).

17 Dec:  Deutsche Bank reiterates its hold rating on GlaxoSmithKline (GSK) and increased the target price to 1890p (from 1650p).

12 Dec:  Deutsche Bank reiterates its hold rating on GlaxoSmithKline (GSK) and increased the target price to 1650p (from 1645p).

21 Nov:  UBS has upgraded its rating on GlaxoSmithKline (GSK) to buy (from neutral) and increased the target price to 1900p (from 1610p).

04 Nov:  Liberum Capital reiterates its hold rating on GlaxoSmithKline (GSK) and increased the target price to 1890p (from 1510p).

01 Nov:  Barclays Capital reiterates its equal weight rating on GlaxoSmithKline (GSK) and increased the target price to 1650p (from 1600p).

31 Oct:  DZ Bank reiterates its buy rating on GlaxoSmithKline (GSK) and increased the target price to 2000p (from 1850p).

Source: Bloomberg, Reuters, Alpha Terminal, FT, DJ Newswires

 

Click to enlarge

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