Can analysts adopt a bullish outlook for GlaxoSmithKline plc (LON:GSK)?

GlaxoSmithKline PLC

GlaxoSmithKline plc (GSK) is a healthcare company. Hamlin Capital Management Llc sold 12,428 shares as the company's stock rose 5.47% with the market. GlaxoSmithKline has $50 highest and $40 lowest target. The stock was acquired at an average cost of GBX 1,599 ($20.65) per share, for a total transaction of £36,249.33 ($46,815.61). About 2.02M shares traded. GlaxoSmithKline plc (ADR) (NYSE:GSK) has risen 4.26% since September 8, 2016 and is uptrending. It has underperformed by 12.44% the S&P500.

Jacobs Asset Management Llc holds 6.43% of its portfolio in Berkshire Hills Bancorp, Inc. for 823,890 shares.

Investors sentiment decreased to 0.94 in Q4 2016. Its down 0.07, from 1.08 in 2016Q3.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. 115 funds opened positions while 711 raised stakes. Strs Ohio stated it has 3,471 shares. Goldman Sachs Group, Inc. (NASDAQ:QCOM) for 256,727 shares. It also upped Federated Invs Inc Pa (NYSE:FII) stake by 94,924 shares and now owns 1.43 million shares. (NYSE:PFE). Dean Inv Assocs Lc accumulated 0.17% or 29,893 shares. Northern invested in 0.03% or 3.52 million shares. (NASDAQ:QCOM). Gofen And Glossberg Limited Liability Company Il holds 0.68% or 256,912 shares in its portfolio. Check Ca reported 3.1% in QUALCOMM, Inc. (NASDAQ:QCOM). Moreover, Ronald Blue And Co Ltd Co has 0.01% invested in QUALCOMM, Inc.

Americafirst Capital Management Llc decreased Pfizer Inc (PFE) stake by 94.27% reported in 2016Q4 SEC filing.

More notable recent QUALCOMM, Inc. The ex-dividend date of this dividend is Wednesday, August 9th.

Among 4 analysts covering Canaccord Financial Inc. Argus Research maintained it with "Buy" rating and $50 target in Friday, August 12 report. Therefore 34% are positive. The firm has "Buy" rating by Liberum Capital given on Thursday, September 15. The firm has "Overweight" rating given on Monday, July 27 by Morgan Stanley. (The) set a GBX 1,900 ($24.54) target price on GlaxoSmithKline plc and gave the company a buy rating in a research report on Wednesday, July 26th. The rating was maintained by Scotia Capital on Thursday, March 30 with "Sector Perform". Northland Capital maintained QUALCOMM, Inc. On Tuesday, February 9 the stock rating was downgraded by TD Securities to "Hold". JP Morgan downgraded QUALCOMM, Inc. The rating was maintained by Oppenheimer with "Outperform" on Thursday, July 23. This represents a yield of 1.47%.

Hamlin Capital Management Llc increased Sanofi (NYSE:SNY) stake by 14,522 shares to 1.58M valued at $63.99M in 2016Q4. It improved, as 55 investors sold Canaccord Genuity Group Inc shares while 134 reduced holdings.

It appears that trading for shares of GlaxoSmithKline plc GSK (NYSE:GSK) will be interesting to watch today. The consensus target price is $47.33 with 2 firms rating the stock a strong buy, 0 firms rating the stock a buy, 2 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell. GlaxoSmithKline PLC had 379 analyst reports since July 28, 2015 according to SRatingsIntel. Zacks Investment Research cut shares of GlaxoSmithKline PLC from a buy rating to a hold rating in a report on Friday, July 21st. The company was upgraded on Tuesday, September 8 by Bank of America. The stock of GlaxoSmithKline plc (LON:GSK) has "Neutral" rating given on Wednesday, October 21 by UBS. J P Morgan Chase & Co dropped their price target on GlaxoSmithKline plc from GBX 1,800 ($22.42) to GBX 1,600 ($19.93) and set a "neutral" rating on the stock in a research note on Wednesday, January 4th. On Friday, May 26 the stock rating was upgraded by Berenberg to "Buy". Finally, ValuEngine lowered GlaxoSmithKline PLC from a buy rating to a hold rating in a research note on Friday, June 2nd. The firm earned "Buy" rating on Thursday, October 20 by Investec.

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