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No changes to forecasts this morning.
We make no changes to forecasts, but we find the outcome comforting as our forecasts are above those of consensus.
No further changes to forecasts today and with currencies now appearing to have stabilised attention can move back to underlying value and prospects.
So, nothing really substantial here with no new light on the market, no changes to forecasts but there will be a couple of 'catch-up' revisions to dividend per share in the consensus.
Analyst Phil Corbett said: "While we anticipate some minor changes to forecasts (shaving production for 2009), we see nothing in the statement to alter the fundamentals of a solid investment case.
The statement stresses on a couple of occasions that the year to date has driven 'expected growth' and will 'grow in line' so there will be no changes to forecasts – we remain slightly above consensus on pretax profits of £172.8m (consensus £169.3m).
Similar(54)
We make no changes to forecast at this early point, but update our target price to 124p and reiterate our buy recommendation.
Without a firm outlook in place and 2015 remaining a transitional year, it is too early to advocate putting new money in GlaxoSmithKline; we make no changes to forecast and re-iterate our hold recommendation.
No change to forecasts.
To creatively work together and to implement change; to forecast conditions and strive to make them better.
We make no material changes to our forecasts.
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