GlaxoSmithKline (LON:GSK)‘s stock had its “buy” rating reissued by investment analysts at UBS Group in a report issued on Thursday, reports.

A number of other equities analysts have also commented on GSK. JPMorgan Chase & Co. set a GBX 1,500 ($19.54) price target on shares of GlaxoSmithKline and gave the stock a “neutral” rating in a report on Thursday, May 31st. Barclays restated an “overweight” rating on shares of GlaxoSmithKline in a report on Monday, June 4th. Liberum Capital restated a “buy” rating on shares of GlaxoSmithKline in a report on Wednesday, June 13th. Jefferies Financial Group boosted their target price on shares of GlaxoSmithKline from GBX 1,500 ($19.54) to GBX 1,700 ($22.14) and gave the company a “buy” rating in a report on Friday, June 15th. Finally, Berenberg Bank restated a “buy” rating on shares of GlaxoSmithKline in a report on Wednesday, June 20th. One equities research analyst has rated the stock with a sell rating, twelve have issued a hold rating and ten have given a buy rating to the stock. The stock presently has an average rating of “Hold” and an average price target of GBX 1,539.86 ($20.06).

Shares of LON:GSK opened at GBX 1,535.20 ($20.00) on Thursday. GlaxoSmithKline has a 52 week low of GBX 1,235.20 ($16.09) and a 52 week high of GBX 1,724.50 ($22.46).

In related news, insider Philip R. Hampton purchased 2,810 shares of the firm’s stock in a transaction on Wednesday, July 25th. The stock was purchased at an average cost of GBX 1,557 ($20.28) per share, with a total value of £43,751.70 ($56,990.62). Also, insider David Redfern sold 1,925 shares of GlaxoSmithKline stock in a transaction on Tuesday, July 31st. The shares were sold at an average price of GBX 1,575 ($20.52), for a total transaction of £30,318.75 ($39,492.97). Over the last ninety days, insiders acquired 2,834 shares of company stock valued at $4,412,402.

About GlaxoSmithKline

GlaxoSmithKline plc engages in the creation, discovery, development, manufacture, and marketing of vaccines, over-the-counter medicines, and health-related consumer products worldwide. It operates through four segments: Pharmaceuticals, Pharmaceuticals R&D, Vaccines, and Consumer Healthcare. The company offers pharmaceutical products comprising medicines in the therapeutic areas, such as respiratory, anti-virals, central nervous system, cardiovascular and urogenital, metabolic, anti-bacterials, dermatology, rare diseases, immuno-inflammation, and HIV, as well as vaccines.

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Analyst Recommendations for GlaxoSmithKline (LON:GSK)

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