Reckitt Benckiser Group Plc PT Lowered to GBX 5,000 (RB.)
Analysts at Citigroup Inc. lowered their price target on shares of Reckitt Benckiser Group Plc (LON:RB.) from GBX 5,100 ($81.82) to GBX 5,000 ($80.22) in a research report issued to clients and investors on Friday, American Banking News.com reports. The firm currently has a “buy” rating on the stock.
A number of other analysts have also recently weighed in on RB.. Analysts at Nomura reiterated a “buy” rating on shares of Reckitt Benckiser Group Plc in a research note to investors on Friday. They now have a GBX 4,800 ($77.01) price target on the stock. Separately, analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Reckitt Benckiser Group Plc in a research note to investors on Thursday. Finally, analysts at Credit Suisse reiterated a “neutral” rating on shares of Reckitt Benckiser Group Plc in a research note to investors on Wednesday. They now have a GBX 4,650 ($74.60) price target on the stock. Seven investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and four have given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of GBX 4,529.47 ($72.67).
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.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.