GSK plc (NYSE:GSK) is considered one of the best undervalued stocks to buy under $50, with a Hold rating and £16 price target from Deutsche Bank. The company recently reported fiscal Q3 earnings, showing significant growth in vaccines, specialty medicines, and general medicines, with total sales up 7% AER and 8% CER.
Core operating profit for GSK plc rose 11% in fiscal Q3, with core EPS growing by 14%. The growth was driven by Specialty Medicines and Vaccines sales, increased royalty income, and investments in R&D in Oncology and Vaccines. The company also upgraded its 2025 guidance, expecting core EPS growth of 10% to 12% and core operating profit growth of 9% to 11%.
Formerly known as GlaxoSmithKline, GSK plc is a global healthcare and biopharmaceutical company based in the UK. It develops vaccines, medications, and consumer health products, with a strong focus on vaccines, immunology, and respiratory therapies. The company also works on cancer treatments for various types of cancer.
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Read more at Yahoo Finance: Deutsche Bank Maintains a Hold Rating on GSK plc (GSK)
