GSK trades close to analyst target after Nuvalent deal
GSK plc traded a bit lower in late London hours on Monday, with the bigger focus for investors on valuation rather than the minor decline. Shares showed a sell price of 1,980.50p and a buy price at 1,981.00p as of 11:46 BST, down 0.13%. The FTSE 100 was down too. Shares are now close to the median analyst target. Investors Chronicle data shows 18 analysts have a median 12-month target of 1,980p, with estimates ranging from 2,750p down to 1,455p. The stock is up 40.91% over the past year, which suggests to some the easier part of the re-rating is probably over.