Sanford C. Bernstein Reaffirms outperform Rating on Reckitt Benckiser Group (RB)
Reckitt Benckiser Group (LON: RB)‘s stock had its “outperform” rating restated by equities researchers at Sanford C. Bernstein in a report issued on Thursday. They currently have a $69.70 (4350 GBX) target price on the stock.
Shares of Reckitt Benckiser Group opened at 3907.00 on Thursday. Reckitt Benckiser Group has a one year low of GBX 3274.0002 and a one year high of GBX 3999.0002. The stock’s 50-day moving average is currently GBX 3613.40. The company’s market cap is £28.251 billion.
Several other analysts have also recently commented on the stock. Analysts at Canaccord Genuity reiterated a “sell” rating on shares of Reckitt Benckiser Group in a research note to investors on Tuesday. They now have a $50.12 price target on the stock. Separately, analysts at Barclays Capital reiterated an “underweight” rating on shares of Reckitt Benckiser Group in a research note to investors on Thursday, December 13th. They now have a $53.26 price target on the stock. Finally, analysts at Exane BNP Paribas reiterated an “underperform” rating on shares of Reckitt Benckiser Group in a research note to investors on Tuesday, November 27th. They now have a $59.31 price target on the stock.
Reckitt Benckiser Group Plc is manufacturer and marketer of branded products in household, health and personal care, selling a range through over 60 operating companies into nearly 200 countries.
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