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Glaxo trading near low (GSK)     

tobyboy - 01 Aug 2007 09:25

there seems to be some heavy resistance around these level with a lot of potential upside.

Chart.aspx?Provider=EODIntra&Code=GSK&Si

skinny - 11 Sep 2014 10:00 - 217 of 290

Their last TP was £17 on 17 June, so I guess that still stands.

midknight - 12 Sep 2014 11:13 - 218 of 290

Yesterday's JPMorgan TP was 1446p.

skinny - 12 Sep 2014 11:18 - 219 of 290

Midknight - their last TP on 17 Jun was £17 - GSK Broker notes

midknight - 12 Sep 2014 11:45 - 220 of 290

Skinny, if interested you can get a daily email update re brokers' forecasts for all stocks
here. I never give my name or anything personal. Just email address.

skinny - 12 Sep 2014 11:54 - 221 of 290

Thanks Midknight - I've had a look but can't see a JPM TP of 1446p?

midknight - 12 Sep 2014 12:10 - 222 of 290

Skinny, I got the 1446 from here.

skinny - 12 Sep 2014 12:28 - 223 of 290

Ok thanks - obviously conflicting data!

midknight - 12 Sep 2014 12:36 - 224 of 290

From the Digital page, it seems there may have been a JPM forecast
after 17 June as well, as the TP is given as unchanged from the previous 1446p TP
given there.

skinny - 12 Sep 2014 12:49 - 225 of 290

On the LSE site, it shows your figure yesterday, but shows no other JPM update going back til 18th July - so if there was a TP price change, it must have been between 17th June and 17th July.

Anyway a tad frustrating.

midknight - 15 Sep 2014 13:56 - 226 of 290

Sept 15: Deutsche: Hold - Reduces TP from 1500p to 1450p.

midknight - 17 Sep 2014 16:37 - 227 of 290

Ebola news

midknight - 18 Sep 2014 10:55 - 228 of 290

Skin cancer drug deal

skinny - 19 Sep 2014 09:12 - 229 of 290

GSK China Investigation Outcome

GlaxoSmithKline plc (GSK) today announced that the Changsha Intermediate People's Court in Hunan Province, China ruled that GSK China Investment Co. Ltd (GSKCI) has, according to Chinese law, offered money or property to non-government personnel in order to obtain improper commercial gains, and been found guilty of bribing non-government personnel. The verdict follows investigations initiated by China's Ministry of Public Security in June 2013.

As a result of the Court's verdict, GSKCI will pay a fine of £297 million (3 billion RMB at a currency exchange rate of 10.0980) to the Chinese government. This will be funded through existing cash resources. Associated costs and charges related to restructuring will be included in GSK's third quarter update.

The illegal activities of GSKCI are a clear breach of GSK's governance and compliance procedures; and are wholly contrary to the values and standards expected from GSK employees. GSK has published a statement of apology to the Chinese government and its people on its website (www.gsk-china.com).

GSK has co-operated fully with the authorities and has taken steps to comprehensively rectify the issues identified at the operations of GSKCI. This includes fundamentally changing the incentive program for its salesforces (decoupling sales targets from compensation); significantly reducing and changing engagement activities with healthcare professionals; and expanding processes for review and monitoring of invoicing and payments.

midknight - 19 Sep 2014 12:34 - 230 of 290

Ex-head to be deported not jailed

midknight - 22 Sep 2014 10:09 - 231 of 290

Sept 22: Goldman Sachs: Buy - TP: 1670p

Sept 20: Questor/Telegraph

midknight - 22 Sep 2014 15:14 - 232 of 290

China fallout and CEO

midknight - 23 Sep 2014 09:57 - 233 of 290

Sept 23: Credit Suisse: Underperform - TP: 1400p

skinny - 25 Sep 2014 08:02 - 234 of 290

Directorate Change

GlaxoSmithKline plc appoints Sir Philip Hampton to the Board of Directors

midknight - 30 Sep 2014 10:26 - 235 of 290

Sept 30:
Jefferies and Deutsche: Hold - TP; N/A
Numis: Hold - TP: 1600p

midknight - 07 Oct 2014 16:40 - 236 of 290

Oct 7: Deutsche keeps Hold but reduces TP from 1450p to 1420p.
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