![](/cdn/assets/images/search/clock.png)
We could not find any results for:
Make sure your spelling is correct or try broadening your search.
We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Top Brokers
Investor discussions surrounding GSK (GSK plc) from February 4 to February 11, 2025, indicated a positive shift in sentiment following a better-than-expected fourth-quarter report and an optimistic revenue forecast. The company guided for revenue growth of up to 5% in 2025 and projected core operating profit growth of 6-8%. This performance increased investor confidence, with some members noting a significant upward trend in share prices despite concerns about ongoing litigation issues. One user highlighted that "the chart is certainly heading in the right direction," reflecting optimism in the stock's recent momentum.
However, discussions were tempered by concerns over a new class-action lawsuit alleging securities fraud, which was perceived as potential short-term volatility for GSK shares. Investors speculated on the motivations behind the lawsuit, with one remarking that the actions appeared to be "common in the US and usually come to nothing." Nevertheless, multiple analysts raised their target prices for GSK, with Bernstein setting a target of 2355p and Deutsche Bank increasing theirs to 1450p, indicating robust analyst support for the stock's future valuation. Overall, there was a blend of cautious optimism among investors about GSK’s growth prospects, driven by clinical advancements and improving financial performance, along with ongoing apprehension toward external legal pressures.
Show more
GSK PLC reported a strong financial performance for 2024, with total sales reaching £31.4 billion, reflecting a 3% increase at actual exchange rates (AER) and a 7% increase at constant exchange rates (CER). The company experienced robust growth in its Specialty Medicines division, which saw sales surge by 19%, including significant increases in oncology (98%) and HIV (13%). Despite these positives, the Vaccines division faced challenges, with a 4% decline in sales, notably driven by a steep 51% decrease in sales for Arexvy. Overall, while GSK's core operating profit and earnings per share (EPS) showed promising gains of 11% and 10% respectively, total operating profit and EPS were negatively impacted by a substantial £1.8 billion charge related to Zantac litigation.
In a notable move, GSK raised its long-term sales guidance and announced a £2 billion share buyback, indicating confidence in its future growth trajectory. The positive outlook was further supported by a substantial cash generation from operations amounting to £8 billion and free cash flow of £3 billion. However, concerns linger regarding the performance of GSK's Vaccines division, particularly in the U.S. market, where geopolitical factors could impact revenue growth. Overall, GSK's strategic focus on Specialty Medicines and its commitment to investing in research and development appear to position the company favorably for sustained growth despite the challenges ahead.
Show more
Issued: 12 September 2024, London UK |
Issued: 11 September 2024, London UK |
GlaxoSmithKline has announced promising results from their SWIFT-1 and SWIFT-2 phase III clinical trials of depemokimab, showing a 54% reduction in severe asthma exacerbations over a year. The biologic, intended for severe asthma patients with type 2 inflammation, is administered once every six months and has also shown to significantly reduce hospitalizations. These findings, also published in the New England Journal of Medicine, are set to inform future regulatory filings as depemokimab is not yet approved for use. |
GSK respiratory medicine Nucala's positive late-stage trial in adults with chronic obstructive pulmonary disease improves the company's long-term growth perspective, Shore Capital analyst Sean Conroy says in a note. A regulatory approval of the drug for patients with COPD could generate 0.5 billion-1 billion pounds in annual sales, offsetting part of an expected overall sales decline from 2027 as patents expire. In addition, the British pharma giant will next week present late-stage trial information regarding its additional respiratory medicine depemokimab for severe uncontrolled asthma, for which the company anticipates a potential of more than 3 billion pounds in peak year sales. |
Hi DaviusDon't suppose you (or others) have any idea when the Delaware Supreme Court might have their decision scheduled for? Just looking for timelines to guide buy/sell/trade.Thank |
European Commission approves expanded age indication for GSK's Arexvy, the first respiratory syncytial virus (RSV) vaccine for adults aged 50-59 at increased risk |
#Abdullla, just the 14:30 US market opening drag, see where we close at, the trend is very much intact from September 2022, 1800 the next barrier to clear.. :o) |
Sudden share price drop!where is the bad news ? |
In London, GSK shares rose 2.1%. The London-based pharmaceutical company welcomed the Delaware Supreme Court's decision to review the Delaware Superior Court's decision allowing the introduction of plaintiffs' expert evidence at trial regarding heartburn drug Zantac, which had been pulled off the market in 2020 at the request of the FDA. |
REDUCED 996 @ 1642.1p ..... ;0) |
If Zantac resolved I am looking for £25. Yield here still good for a pharma and should be rising hence my recent buys and plan to add further still for a long term investment |
I think we can be ambitious for more than £18 IF the court cases are resolved satisfactorily |
Not until the court cases are over and out. |
1800 shortly imo |
UK market is massively underperforming every single day. Look at the DAX again despite a ruined German economy. I stick to what I say irrelevant of the performance of a single current darling stock |
GSK plc (LSE/NYSE: GSK) today announced that the Japanese Ministry of Health, Labour and Welfare (MHLW) has granted SENKU (formerly known as SAKIGAKE) designation for bepirovirsen, an investigational antisense oligonucleotide (ASO) for the treatment of chronic hepatitis B (CHB). SENKU designation is granted based on the level of innovation, severity of disease, and prominent efficacy. The goal of SENKU designation is to increase early patient access to innovative medicines through an expedited review process to treat serious conditions and fill an unmet medical need. |
GSK plc (LSE/NYSE: GSK) today announced that Japan's Ministry of Health, Labour and Welfare (MHLW) has approved Nucala (mepolizumab), a monoclonal antibody that targets interleukin-5 (IL-5), for the treatment of chronic rhinosinusitis with nasal polyps (CRSwNP) in adult patients, limited to those who are inadequately controlled with standard treatment. |
GSK PLC (LSE:GSK, NYSE:GSK) shares opened higher after Delaware's Supreme Court said it will hear an appeal by the UK drug maker and other pharmaceutical companies, including Pfizer, Sanofi, and Boehringer Ingelheim, to dismiss over 70,000 lawsuits alleging that the discontinued heartburn drug Zantac causes cancer. |
Even a barrage of good news only lifts the shareprice by 1% ... |
The strong pound not hitting AZN, thats a poor excuse, as it keeps hitting ATH... |
The strong £ is not helping and nor is the anticipation of everyone getting fleeced in the budget |
The yanks are a jealous lot and can't digest anyone's success specially the British,they are not going to quit. |
This company really can't catch a break from the market... |
This is the UK mkt though..... |
Yes a positive Zantac development but it's not over yet. |
Type | Ordinary Share |
Share ISIN | GB00BN7SWP63 |
Sector | Pharmaceutical Preparations |
Bid Price | 1,461.00 |
Offer Price | 1,461.50 |
Open | 1,463.00 |
Shares Traded | 202,193 |
Last Trade | 08:54:49 |
Low - High | 1,461.50 - 1,468.50 |
Turnover | 30.33B |
Profit | 4.93B |
EPS - Basic | 1.1889 |
PE Ratio | 12.32 |
Market Cap | 60.75B |
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions