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GlaxoSmithKline (GSK) Receives a Sell from Bank of America Securities

In a report released yesterday, Graham Parry from Bank of America Securities maintained a Sell rating on GlaxoSmithKline (GSKResearch Report), with a price target of p1,450.00. The company’s shares closed yesterday at $34.82.

Parry covers the Healthcare sector, focusing on stocks such as Sanofi, GlaxoSmithKline, and Novartis. According to TipRanks, Parry has an average return of 3.6% and a 55.00% success rate on recommended stocks.

GlaxoSmithKline has an analyst consensus of Hold, with a price target consensus of $19.66.

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The company has a one-year high of $46.05 and a one-year low of $27.92. Currently, GlaxoSmithKline has an average volume of 4.84M.

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Founded in 1715 and headquartered in Brentford, U.K., GlaxoSmithKline Plc is a global healthcare company which develops and manufactures pharmaceutical medicines in therapeutic areas, vaccines and consumer healthcare products in wellness, oral health, nutrition, and skin health categories.

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