Reckitt Benckiser Group PT Raised to GBX 5,000 at Nomura (RB)
Equities researchers at Nomura hoisted their target price on shares of Reckitt Benckiser Group (LON:RB) from GBX 4,800 ($78.73) to GBX 5,000 ($82.01) in a research report issued on Friday, Analyst Ratings.Net reports. The firm currently has a “buy” rating on the stock. Nomura’s price target would suggest a potential upside of 6.88% from the stock’s previous close.
Several other analysts have also recently commented on the stock. Analysts at Canaccord Genuity reiterated a “sell” rating on shares of Reckitt Benckiser Group in a research note to investors on Thursday. They now have a GBX 4,100 ($67.25) price target on the stock. Separately, analysts at Liberum Capital reiterated a “sell” rating on shares of Reckitt Benckiser Group in a research note to investors on Thursday. They now have a GBX 3,500 ($57.41) price target on the stock. Finally, analysts at Credit Suisse reiterated a “neutral” rating on shares of Reckitt Benckiser Group in a research note to investors on Tuesday. They now have a GBX 4,650 ($76.27) price target on the stock. Seven investment analysts have rated the stock with a sell rating, nineteen have issued a hold rating and six have issued a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus target price of GBX 4,648.58 ($76.24).
Reckitt Benckiser Group (LON:RB) opened at 4678.00 on Friday. Reckitt Benckiser Group has a 52-week low of GBX 3936.00 and a 52-week high of GBX 4986.00. The stock’s 50-day moving average is GBX 4761. and its 200-day moving average is GBX 4643.35. The company’s market cap is £34.174 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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