Form 6-K GSK PLC For: Nov 10

Go back to Form 6-K GSK PLC For: Nov 10

UBS Downgrades GlaxoSmithKline (GSK) to Sell

November 11, 2022 8:54 AM EST

UBS analyst Michael Leuchten downgraded GlaxoSmithKline (NYSE: GSK) from Neutral to Sell.

The analyst comments "At face value GSK trades on c9x '23E PE for near double-digit EPS CAGR to '26. Compared to the EU peer group that may not seem demanding, but we think it is. We see two factors posing risks to the earnings... More