Reckitt Benckiser Group’s “Neutral” Rating Reaffirmed at JPMorgan Chase & Co. (RB)
Reckitt Benckiser Group (LON:RB)‘s stock had its “neutral” rating restated by equities researchers at JPMorgan Chase & Co. in a research report issued on Monday, ARN reports.
Reckitt Benckiser Group (LON:RB) traded down 0.55% during mid-day trading on Monday, hitting GBX 4667.00. The stock had a trading volume of 920,754 shares. Reckitt Benckiser Group has a 1-year low of GBX 4108.00 and a 1-year high of GBX 4986.00. The stock’s 50-day moving average is GBX 4712.02 and its 200-day moving average is GBX 4640.00. The company’s market cap is £34.094 billion.
Several other analysts have also recently commented on the stock. Analysts at Liberum Capital reiterated a “sell” rating on shares of Reckitt Benckiser Group in a research note to investors on Friday. Separately, analysts at Barclays reiterated an “equal weight” rating on shares of Reckitt Benckiser Group in a research note to investors on Friday, January 17th. They now have a GBX 4,400 ($72.50) 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 Wednesday, January 15th. They now have a GBX 4,650 ($76.62) price target on the stock. Six investment analysts have rated the stock with a sell rating, nineteen have issued a hold rating and six have assigned a buy rating to the stock. Reckitt Benckiser Group currently has a consensus rating of “Hold” and a consensus price target of GBX 4,733.32 ($77.99).
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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