Are Haleon plc ADR (HLN) stocks a prudent buy?

Haleon plc ADR [HLN] stock prices are up 0.24% to $8.49 at the moment. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The HLN shares have gain 2.78% over the last week, with a monthly amount drifted -0.59%, and not seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Morgan Stanley started tracking the stock assigning a Overweight rating and suggested a price target of $9 on November 01, 2023. Stifel initiated its recommendation with a Hold. Argus upgraded its rating to Buy for this stock on April 06, 2023, but kept the price target unchanged to $10. In a note dated April 04, 2023, Bernstein initiated an Outperform rating.

The stock price of Haleon plc ADR [HLN] has been fluctuating between $7.70 and $8.96 over the past year. Currently, Wall Street analysts expect the stock to reach $9.15 within the next 12 months. Haleon plc ADR [NYSE: HLN] shares were valued at $8.49 at the most recent close of the market. An investor can expect a potential return of 7.77% based on the average HLN price forecast.

Analyzing the HLN fundamentals

The Haleon plc ADR [NYSE:HLN] reported sales of 14.05B for trailing twelve months, representing a surge of 15.22%. Gross Profit Margin for this corporation currently stands at 0.6% with Operating Profit Margin at 0.18%, Pretax Profit Margin comes in at 0.15%, and Net Profit Margin reading is 0.1%.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 8.46 points at the first support level, and at 8.44 for the second support level. However, for the 1st resistance point, the stock is sitting at 8.54, and for the 2nd resistance point, it is at 8.60.

Ratios To Look Out For

It’s worth pointing out that Haleon plc ADR [NYSE:HLN]’s Current Ratio is 1.04. Further, the Quick Ratio stands at 0.73. Considering the valuation of this stock, the price to sales ratio is 2.76, the price to book ratio is 1.85 and price to earnings (TTM) ratio is 30.22.

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