Barclays Sticks to Their Hold Rating for GlaxoSmithKline (GSK)
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According to TipRanks, Field is an analyst with an average return of -2.1% and a 37.76% success rate. Field covers the Healthcare sector, focusing on stocks such as GlaxoSmithKline, AstraZeneca, and Roche Holding AG.
In addition to Barclays, GlaxoSmithKline also received a Hold from Deutsche Bank 's Emmanuel Papadakis in a report issued yesterday. However, on June 30, J.P. Morgan maintained a Sell rating on GlaxoSmithKline (LSE: GSK).
Based on GlaxoSmithKline's latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of p7.52 billion and a net profit of p1.62 billion. In comparison, last year the company earned a revenue of p7.36 billion and had a net profit of p1.05 billion
Based on the recent corporate insider activity of 311 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of GSK in relation to earlier this year.
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