Reckitt Benckiser Group Given Underperform Rating at BNP Paribas (RB)
Reckitt Benckiser Group (LON:RB)‘s stock had its “underperform” rating reiterated by analysts at BNP Paribas in a research report issued to clients and investors on Wednesday, Stock Ratings Network reports. They currently have a GBX 4,600 ($75.81) price objective on the stock. BNP Paribas’ target price points to a potential downside of 1.94% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at Sanford C. Bernstein reiterated an “outperform” rating on shares of Reckitt Benckiser Group in a research note to investors on Tuesday. They now have a GBX 5,450 ($89.82) price target on the stock. Separately, analysts at Nomura raised their price target on shares of Reckitt Benckiser Group from GBX 4,800 ($79.10) to GBX 5,000 ($82.40) in a research note to investors on Friday, January 10th. They now have a “buy” rating 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 Thursday, January 9th. They now have a GBX 4,100 ($67.57) price target on the stock. Seven analysts have rated the stock with a sell rating, nineteen have given 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 price target of GBX 4,667.10 ($76.91).
Reckitt Benckiser Group (LON:RB) traded down 0.51% on Wednesday, hitting GBX 4691.00. 793,656 shares of the company’s stock traded hands. Reckitt Benckiser Group has a 52 week low of GBX 4063.00 and a 52 week high of GBX 4986.00. The stock has a 50-day moving average of GBX 4745.85 and a 200-day moving average of GBX 4644.39. The company’s market cap is £34.269 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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