Sanford C. Bernstein Reiterates outperform Rating for Reckitt Benckiser Group (RB)
Reckitt Benckiser Group (LON:RB)‘s stock had its “outperform” rating reiterated by research analysts at Sanford C. Bernstein in a report released on Monday, Analyst Ratings News reports. They currently have a GBX 5,450 ($89.56) price target on the stock. Sanford C. Bernstein’s price objective indicates a potential upside of 19.44% from the stock’s previous close.
Reckitt Benckiser Group (LON:RB) opened at 4697.00 on Monday. Reckitt Benckiser Group has a 1-year low of GBX 4168.00 and a 1-year high of GBX 4986.00. The stock has a 50-day moving average of GBX 4696.85 and a 200-day moving average of GBX 4636.08. The company’s market cap is £34.313 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at Credit Suisse reiterated a “neutral” rating on shares of Reckitt Benckiser Group in a research note to investors on Tuesday, January 28th. They now have a GBX 4,650 ($76.42) price target on the stock. Separately, analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Reckitt Benckiser Group in a research note to investors on Monday, January 27th. They now have a GBX 4,450 ($73.13) price target on the stock. Finally, analysts at Liberum Capital reiterated a “sell” rating on shares of Reckitt Benckiser Group in a research note to investors on Friday, January 24th. They now have a GBX 3,500 ($57.52) price target on the stock. Six equities research analysts have rated the stock with a sell rating, eighteen have given a hold rating and six have issued a buy rating to the stock. Reckitt Benckiser Group currently has an average rating of “Hold” and a consensus target price of GBX 4,687.01 ($77.03).
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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