Reckitt Benckiser Group Rating Reiterated by JPMorgan Chase & Co. (RB)
Reckitt Benckiser Group (LON:RB)‘s stock had its “neutral” rating restated by research analysts at JPMorgan Chase & Co. in a report released on Thursday, AR Network reports.
Shares of Reckitt Benckiser Group (LON:RB) traded up 0.54% on Thursday, hitting GBX 4452.00. 893,174 shares of the company’s stock traded hands. The stock has a 50-day moving average of GBX 4522.81 and a 200-day moving average of GBX 4640.41. The company’s market cap is £32.523 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at Sanford C. Bernstein reiterated an “outperform” rating on shares of Reckitt Benckiser Group (LON:RB) in a research note to investors on Thursday. They now have a GBX 5,450 ($85.21) price target on the stock. Separately, analysts at Credit Suisse reiterated a “neutral” rating on shares of Reckitt Benckiser Group (LON:RB) in a research note to investors on Wednesday. They now have a GBX 4,650 ($72.70) price target on the stock. Finally, analysts at Liberum Capital reiterated a “sell” rating on shares of Reckitt Benckiser Group (LON:RB) in a research note to investors on Tuesday. They now have a GBX 3,700 ($57.85) price target on the stock.
Seven equities research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and six have given a buy rating to the stock. Reckitt Benckiser Group presently has an average rating of “Hold” and a consensus target price of GBX 4,583.73 ($71.67).
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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