Reckitt Benckiser Group Receives Outperform Rating from Sanford C. Bernstein (RB)
Reckitt Benckiser Group (LON:RB)‘s stock had its “outperform” rating reiterated by analysts at Sanford C. Bernstein in a research report issued to clients and investors on Thursday, Analyst Ratings Network reports. They currently have a GBX 5,450 ($85.21) price target on the stock. Sanford C. Bernstein’s target price suggests a potential upside of 23.08% from the company’s current price.
A number of other analysts have also recently weighed in on RB. 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. Separately, 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. Finally, analysts at Deutsche Bank reiterated a “buy” rating on shares of Reckitt Benckiser Group (LON:RB) in a research note to investors on Tuesday. They now have a GBX 5,100 ($79.74) price target on the stock.
Seven analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and six have assigned a buy rating to the company. Reckitt Benckiser Group presently has an average rating of “Hold” and an average price target of GBX 4,583.73 ($71.67).
Reckitt Benckiser Group (LON:RB) traded up 0.41% on Thursday, hitting GBX 4446.00. 633,989 shares of the company’s stock traded hands. The stock has a 50-day moving average of GBX 4527.62 and a 200-day moving average of GBX 4641.. The company’s market cap is £32.480 billion.
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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