JPMorgan cuts target for Haleon stock to GBp 295

Published on 10/08/2026 at 13:30 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Haleon stock costs EUR 4.07 on October 8, 2026 after EUR 4.02, plus 1.24 percent. First-half revenue reached GBP 5.602 billion, with organic growth of 2.60 percent.

Flatlay mit Aktienzertifikat, ISIN-Karte, unbeschrifteter Zahnpasta und Vitaminkapseln — Haleon plc (ISIN GB00BMX86B70) Aktie symbolisiert Investments in Zahnpflege-, Schmerzmittel- und Vitaminprodukte weltweit, Illustration mit AI erstellt.

JPMorgan cut its Haleon target from GBp 315.00 to GBp 295.00 on September 28, 2026, while keeping an Underweight rating, according to Markets Insider. Haleon stock was trading at EUR 4.07 at Lang & Schwarz on October 8, 2026 at 1:22 p.m. CEST, up 1.24 percent versus the prior close of EUR 4.02. The combination puts the bank's 295 pence target below the London share price, while the euro quote points to a positive session for German investors.

Haleon's three recent milestones

On July 30, 2026, Haleon's first-half results showed revenue of GBP 5.602 billion, up 2.20 percent on a reported basis and 2.60 percent organically, according to Fintel. On September 16, 2026, Haleon said its dual-placement strategy for products aimed at GLP-1 users delivered an average 24.00 percent sales lift per store in the first quarter, as Reuters reported. On September 28, JPMorgan lowered its target by GBp 20.00 and placed the stock on Negative Catalyst Watch ahead of the October 29 results.

What does the target cut signal?

JPMorgan's forecast put third-quarter like-for-like growth at 3.00 percent, the lower end of Haleon's 3.00-5.00 percent full-year guidance, according to Markets Insider. The bank also described Haleon's medium-term 4.00-6.00 percent growth algorithm as increasingly untenable, making the October trading statement important for judging whether first-half momentum can improve. The 2.60 percent organic first-half increase remained below that medium-term range, even though second-quarter organic growth accelerated to 3.10 percent from 2.20 percent in the first quarter.

Next date for Haleon

Haleon's investor-relations calendar lists October 29, 2026, for its third-quarter trading statement, according to Haleon. That release will provide the next dated test of the 3.00-5.00 percent guidance range and the demand trend in North America.

London valuation and trading view

On the London Stock Exchange, HLN.L was last at GBp 343.20 on October 8, 2026 at 12:28 p.m. BST. The 52-week range was GBp 317.80 to GBp 416.10, and the market capitalization was GBP 30.2 billion on the same date. For German investors, the Lang & Schwarz quote remains the relevant euro reference, while the London price shows the original-market valuation in pence.

The further course of trading is shown by the continuously updated real-time quote of Haleon stock.