Reckitt Benckiser Group Plc (RB) Stock Rating Reaffirmed by Liberum Capital
Reckitt Benckiser Group Plc (LON:RB)‘s stock had its “buy” rating reaffirmed by Liberum Capital in a research note issued on Monday. They currently have a GBX 8,400 ($103.96) target price on the stock. Liberum Capital’s target price indicates a potential upside of 13.38% from the stock’s previous close.
RB has been the subject of several other reports. BNP Paribas set a GBX 7,800 ($96.53) price target on shares of Reckitt Benckiser Group Plc and gave the stock a “neutral” rating in a report on Wednesday, September 7th. Credit Suisse Group AG restated an “outperform” rating and set a GBX 7,950 ($98.39) price target on shares of Reckitt Benckiser Group Plc in a report on Monday, July 25th. Sanford C. Bernstein set a GBX 8,750 ($108.29) price target on shares of Reckitt Benckiser Group Plc and gave the stock a “buy” rating in a report on Monday, August 22nd. JPMorgan Chase & Co. restated an “overweight” rating on shares of Reckitt Benckiser Group Plc in a report on Monday, June 13th. Finally, Shore Capital restated a “hold” rating on shares of Reckitt Benckiser Group Plc in a report on Friday, July 29th. Two investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating and thirteen have assigned a buy rating to the company’s stock. Reckitt Benckiser Group Plc has an average rating of “Hold” and an average target price of GBX 7,639.08 ($94.54).
Shares of Reckitt Benckiser Group Plc (LON:RB) opened at 7365.00 on Monday. Reckitt Benckiser Group Plc has a 12-month low of GBX 5,839.08 and a 12-month high of GBX 7,786.00. The firm’s market capitalization is GBX 51.93 billion. The company’s 50-day moving average is GBX 7,287.03 and its 200-day moving average is GBX 7,105.24.
Reckitt Benckiser Group Plc Company Profile
Reckitt Benckiser Group plc is a manufacturer and marketer of health, hygiene and home products. The Company’s segments include ENA, DvM and Food. The ENA segment consists of Europe, Russia/Commonwealth of Independent States (CIS), Israel, North America, Australia and New Zealand. The DvM segment consists of North Africa, Middle East (excluding Israel) and Turkey, Africa, South Asia, North Asia, Latin America, Japan, Korea and the Association of Southeast Asian Nations (ASEAN).
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