Haleon (LON:HLN) Receives “Underweight” Rating from JPMorgan Chase & Co.

JPMorgan Chase & Co. reaffirmed their underweight rating on shares of Haleon (LON:HLNGet Rating) in a research report sent to investors on Wednesday, Marketbeat Ratings reports. They currently have a GBX 250 ($3.02) target price on the stock.

Several other research firms also recently weighed in on HLN. Barclays upgraded Haleon to an equal weight rating and set a GBX 348 ($4.20) price target on the stock in a research note on Tuesday, July 19th. Royal Bank of Canada reiterated a sector perform rating and set a GBX 300 ($3.62) price target on shares of Haleon in a research note on Tuesday, August 16th. Citigroup reiterated a buy rating and set a GBX 360 ($4.35) price target on shares of Haleon in a research note on Thursday, July 21st. Deutsche Bank Aktiengesellschaft reiterated a hold rating and set a GBX 300 ($3.62) price target on shares of Haleon in a research note on Wednesday. Finally, Credit Suisse Group reiterated an outperform rating and set a GBX 368 ($4.45) price target on shares of Haleon in a research note on Tuesday, July 19th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and two have given a buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of Hold and an average price target of GBX 321 ($3.88).

Haleon Price Performance

Shares of HLN stock opened at GBX 264.90 ($3.20) on Wednesday. The company has a current ratio of 3.04, a quick ratio of 0.59 and a debt-to-equity ratio of 40.61. The stock’s fifty day simple moving average is GBX 276.35. The stock has a market cap of £24.46 billion and a P/E ratio of 1,784.00. Haleon has a 1-year low of GBX 241.17 ($2.91) and a 1-year high of GBX 337.40 ($4.08).

Insider Buying and Selling

In other Haleon news, insider John Young purchased 80,541 shares of Haleon stock in a transaction that occurred on Tuesday, August 2nd. The stock was bought at an average price of GBX 312 ($3.77) per share, with a total value of £251,287.92 ($303,634.51). In other news, insider Dave Lewis bought 63,151 shares of Haleon stock in a transaction on Wednesday, July 27th. The stock was acquired at an average price of GBX 317 ($3.83) per share, with a total value of £200,188.67 ($241,890.61). Also, insider John Young bought 80,541 shares of Haleon stock in a transaction on Tuesday, August 2nd. The shares were purchased at an average cost of GBX 312 ($3.77) per share, with a total value of £251,287.92 ($303,634.51).

Haleon Company Profile

(Get Rating)

Haleon plc engages in the research and development, manufacture, and sale of various consumer healthcare products in North America, Europe, the Middle East, Africa, Latin America, and the Asia Pacific. The company provides therapeutic oral health, pain relief, respiratory health, digestive health, and other products, as well as vitamins, minerals, and supplements.

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Analyst Recommendations for Haleon (LON:HLN)

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