Haleon’s (HLN) “Hold” Rating Reaffirmed at Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft reaffirmed their hold rating on shares of Haleon (LON:HLNGet Rating) in a research report released on Wednesday morning, MarketBeat reports. They currently have a GBX 300 ($3.62) target price on the stock.

Several other research analysts also recently issued reports on HLN. Citigroup restated a buy rating and set a GBX 360 ($4.35) price objective on shares of Haleon in a research report on Thursday, July 21st. Barclays upgraded Haleon to an equal weight rating and set a GBX 348 ($4.20) price target for the company in a report on Tuesday, July 19th. JPMorgan Chase & Co. cut their price target on Haleon from GBX 280 ($3.38) to GBX 250 ($3.02) and set an underweight rating for the company in a report on Wednesday, September 7th. Credit Suisse Group reiterated an outperform rating and issued a GBX 368 ($4.45) price target on shares of Haleon in a report on Tuesday, July 19th. Finally, Royal Bank of Canada reiterated a sector perform rating and issued a GBX 300 ($3.62) price target on shares of Haleon in a report on Tuesday, August 16th. One research analyst has rated the stock with a sell rating, three have given a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat.com, Haleon has a consensus rating of Hold and a consensus price target of GBX 321 ($3.88).

Haleon Price Performance

Shares of Haleon stock opened at GBX 264.90 ($3.20) on Wednesday. The company has a debt-to-equity ratio of 40.61, a current ratio of 3.04 and a quick ratio of 0.59. Haleon has a 1 year low of GBX 241.17 ($2.91) and a 1 year high of GBX 337.40 ($4.08). The firm has a market cap of £24.46 billion and a P/E ratio of 1,784.00. The stock’s 50 day moving average is GBX 276.35.

Insider Activity

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

About Haleon

(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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