Haleon PLC Sponsored ADR (NYSE:HLN) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Haleon PLC Sponsored ADR (NYSE:HLN) has been given an average rating of “Moderate Buy” by the ten analysts that are currently covering the company, MarketBeat Ratings reports. Six analysts have rated the stock with a hold recommendation, three have given a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is $12.3250.

HLN has been the topic of a number of research reports. Wall Street Zen lowered Haleon from a “buy” rating to a “hold” rating in a report on Saturday, July 12th. Barclays cut Haleon from an “overweight” rating to an “equal weight” rating in a research note on Tuesday, September 16th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Haleon in a research note on Wednesday, October 8th. Finally, The Goldman Sachs Group raised shares of Haleon from a “neutral” rating to a “buy” rating in a research report on Wednesday, September 10th.

Hedge Funds Weigh In On Haleon

Hedge funds have recently modified their holdings of the stock. Private Trust Co. NA boosted its position in Haleon by 13.3% during the second quarter. Private Trust Co. NA now owns 8,794 shares of the company’s stock worth $91,000 after purchasing an additional 1,032 shares during the period. Apollon Wealth Management LLC boosted its holdings in shares of Haleon by 5.4% during the 1st quarter. Apollon Wealth Management LLC now owns 21,722 shares of the company’s stock worth $224,000 after buying an additional 1,111 shares during the period. Cary Street Partners Financial LLC grew its stake in Haleon by 20.1% in the 2nd quarter. Cary Street Partners Financial LLC now owns 6,646 shares of the company’s stock valued at $69,000 after buying an additional 1,113 shares during the last quarter. Cardinal Capital Management raised its holdings in Haleon by 2.4% in the 3rd quarter. Cardinal Capital Management now owns 48,085 shares of the company’s stock valued at $431,000 after acquiring an additional 1,116 shares during the period. Finally, SOA Wealth Advisors LLC. lifted its position in Haleon by 60.5% during the third quarter. SOA Wealth Advisors LLC. now owns 3,105 shares of the company’s stock worth $28,000 after acquiring an additional 1,170 shares during the last quarter. Institutional investors own 6.67% of the company’s stock.

Haleon Trading Up 1.3%

HLN opened at $9.43 on Friday. The stock has a market capitalization of $41.99 billion, a P/E ratio of 24.18, a P/E/G ratio of 2.80 and a beta of 0.20. The company has a current ratio of 0.87, a quick ratio of 0.63 and a debt-to-equity ratio of 0.48. Haleon has a 12 month low of $8.71 and a 12 month high of $11.42. The firm’s fifty day simple moving average is $9.29 and its 200 day simple moving average is $9.93.

Haleon Company Profile

Haleon plc, together with its subsidiaries, engages in the research, development, manufacture, and sale of various consumer healthcare products in North America, Europe, the Middle East, Africa, Latin America, and the Asia Pacific. The company provides oral health products, such as toothpastes, mouth washes, and denture care products under the Sensodyne, Polident, Parodontax, Biotene brands; and vitamins, minerals, and supplements under Centrum, Emergen-C, Caltrate brands.