Sanford C. Bernstein Reiterates outperform Rating for Reckitt Benckiser Group (RB)
Reckitt Benckiser Group (LON:RB)‘s stock had its “outperform” rating reiterated by Sanford C. Bernstein in a research note issued on Monday, Stock Ratings Network.com reports. They currently have a GBX 5,450 ($89.56) price target on the stock. Sanford C. Bernstein’s price objective would suggest a potential upside of 19.44% from the company’s current price.
Reckitt Benckiser Group (LON:RB) traded up 2.81% during mid-day trading on Monday, hitting GBX 4691.00. The stock had a trading volume of 1,016,788 shares. Reckitt Benckiser Group has a one year low of GBX 4168.00 and a one 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 £34.269 billion.
A number of other analysts have also recently weighed in on RB. 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 research analysts have rated the stock with a sell rating, eighteen have assigned a hold rating and six have assigned a buy rating to the company. The company currently has a consensus 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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