GSK PLC
GSK: XLON (GBR)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|b&b | LOCK|j!? | LOCK|MD^kXrX |
GSK: Most Zantac Litigation Resolved; Maintaining Fair Value Estimate
Wide-moat GSK announced that it has agreed to pay as much as $2.2 billion to settle the majority of lawsuits in US state courts involving claims that Zantac caused cancer. Although this amount is higher than we anticipated, it is still within the range of expectations. We maintain our GBX 2,200/$54 fair value estimate.
