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Weekly Trader and Bond Markets 22.04.2025 – L’Oreal, Grafton Group & GSK

22.04.2025



Opportunities this week:

  • On Thursday after the bell, L’Oreal issued a very reassuring set of Q1 sales figures. Following this encouraging update, we reiterate our OVERWEIGHT rating with an unchanged price target of €415.
  • Over the past few weeks, there have been a number of company specific and macroeconomic developments that, in our view, should be viewed in a positive light for Grafton Group. OVERWEIGHT PT: £12.05
  • Last week GSK secured favourable recommendations from the US CDC’s Advisory Committee on Immunisation Practices (ACIP) for two key vaccines. OVERWEIGHT PT: £20.10.