Reckitt Benckiser Group Rating Reiterated by Oriel Securities Ltd (RB)
Reckitt Benckiser Group (LON:RB)‘s stock had its “buy” rating reaffirmed by equities research analysts at Oriel Securities Ltd in a research note issued to investors on Thursday, Stock Ratings Network reports. They currently have a GBX 5,200 ($83.90) target price on the stock. Oriel Securities Ltd’s target price would suggest a potential upside of 18.07% from the company’s current price.
RB has been the subject of a number of other recent research reports. Analysts at Canaccord Genuity reiterated a “sell” rating on shares of Reckitt Benckiser Group (LON:RB) in a research note to investors on Wednesday. They now have a GBX 4,100 ($66.15) price target on the stock. Separately, analysts at Panmure Gordon cut their price target on shares of Reckitt Benckiser Group (LON:RB) from GBX 4,750 ($76.64) to GBX 4,625 ($74.62) in a research note to investors on Friday, September 27th. They now have a “hold” rating on the stock. Finally, analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Reckitt Benckiser Group (LON:RB) in a research note to investors on Friday, September 27th. They now have a GBX 4,450 ($71.80) price target on the stock. Seven investment analysts have rated the stock with a sell rating, thirteen have issued a hold rating and six have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of GBX 4,595.28 ($74.14).
Reckitt Benckiser Group (LON:RB) traded down 0.32% on Thursday, hitting GBX 4390.00. The stock had a trading volume of 742,111 shares. Reckitt Benckiser Group has a 1-year low of GBX 3564.00 and a 1-year high of GBX 4986.00. The stock has a 50-day moving average of GBX 4508.81 and a 200-day moving average of GBX 4644.. The company’s market cap is £32.070 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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