Reckitt Benckiser Group Given Sell Rating at Liberum Capital (RB)
Reckitt Benckiser Group (LON:RB)‘s stock had its “sell” rating reaffirmed by Liberum Capital in a research note issued on Friday, ARN reports. They currently have a GBX 3,500 ($57.52) price target on the stock. Liberum Capital’s price objective would suggest a potential downside of 26.82% from the stock’s previous close.
Shares of Reckitt Benckiser Group (LON:RB) opened at 4783.00 on Friday. Reckitt Benckiser Group has a one year low of GBX 4196.00 and a one year high of GBX 4986.00. The stock has a 50-day moving average of GBX 4705.52 and a 200-day moving average of GBX 4635.06. The company’s market cap is £34.941 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at Panmure Gordon reiterated a “hold” rating on shares of Reckitt Benckiser Group in a research note to investors on Thursday. They now have a GBX 4,625 ($76.01) price target on the stock. Separately, analysts at Credit Suisse upgraded shares of Reckitt Benckiser Group to an “outperform” rating in a research note to investors on Thursday. They now have a GBX 5,200 ($85.46) price target on the stock, up previously from GBX 4,650 ($76.42). Finally, analysts at Canaccord Genuity reiterated a “sell” rating on shares of Reckitt Benckiser Group in a research note to investors on Wednesday. They now have a GBX 4,100 ($67.38) price target on the stock. Six analysts have rated the stock with a sell rating, seventeen have issued a hold rating and seven have assigned a buy rating to the company. Reckitt Benckiser Group currently has an average rating of “Hold” and a consensus price target of GBX 4,708.16 ($77.37).
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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