Reckitt Benckiser Group Rating Reiterated by Credit Suisse (RB)
Reckitt Benckiser Group (LON:RB)‘s stock had its “neutral” rating reiterated by equities researchers at Credit Suisse in a research report issued on Wednesday, Analyst Ratings Net reports. They currently have a GBX 4,650 ($74.60) price target on the stock. Credit Suisse’s price objective points to a potential upside of 8.90% from the company’s current price.
Shares of Reckitt Benckiser Group (LON:RB) traded up 0.02% on Wednesday, hitting GBX 4270.00. 1,331,611 shares of the company’s stock traded hands. Reckitt Benckiser Group has a one year low of GBX 3564.00 and a one year high of GBX 4986.00. The stock’s 50-day moving average is GBX 4508.81 and its 200-day moving average is GBX 4644.. The company’s market cap is £31.194 billion.
A number of other firms have also recently commented on RB. Analysts at Liberum Capital reiterated a “sell” rating on shares of Reckitt Benckiser Group in a research note to investors on Monday. Separately, analysts at Oriel Securities Ltd reiterated a “buy” rating on shares of Reckitt Benckiser Group in a research note to investors on Thursday, October 3rd. They now have a GBX 5,200 ($83.43) price target on the stock. Finally, analysts at Canaccord Genuity reiterated a “sell” rating on shares of Reckitt Benckiser Group in a research note to investors on Wednesday, October 2nd. They now have a GBX 4,100 ($65.78) price target on the stock. Seven research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and six have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of GBX 4,634.21 ($74.35).
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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