Goldman Sachs Sticks to Their Buy Rating for Haleon PLC (HLN)

In a report released on October 8, Olivier Nicolai from Goldman Sachs reiterated a Buy rating on Haleon PLC, with a price target of p440.00. The company’s shares closed last Friday at p338.50.

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According to TipRanks, Nicolai is a 3-star analyst with an average return of 2.1% and a 50.74% success rate. Nicolai covers the Consumer Goods sector, focusing on stocks such as Anheuser Busch InBev SA/NV, Beiersdorf, and Henkel AG & Co. KGaA.

In addition to Goldman Sachs, Haleon PLC also received a Buy from Berenberg Bank’s Bethan Davies in a report issued on October 9. However, on October 10, Barclays maintained a Hold rating on Haleon PLC (LSE: HLN).

The company has a one-year high of p419.50 and a one-year low of p274.40. Currently, Haleon PLC has an average volume of 20.92M.

Based on the recent corporate insider activity of 64 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 HLN in relation to earlier this year.