Reckitt Benckiser Group Plc Given Consensus Rating of “Hold” by Analysts (LON:RB)
Shares of Reckitt Benckiser Group Plc (LON:RB) have earned a consensus recommendation of “Hold” from the twenty-nine analysts that are covering the stock, AmericanBankingNews.com reports. Six equities research analysts have rated the stock with a sell rating, fourteen have issued a hold rating and nine have assigned a buy rating to the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is GBX 4,746.25 ($78.93).
A number of analysts have recently weighed in on RB shares. Analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Reckitt Benckiser Group Plc in a research note on Monday. Separately, analysts at Sanford C. Bernstein reiterated an “outperform” rating on shares of Reckitt Benckiser Group Plc in a research note on Friday. They now have a GBX 5,450 ($90.64) price target on the stock. Finally, analysts at Barclays reiterated an “equal weight” rating on shares of Reckitt Benckiser Group Plc in a research note on Friday. They now have a GBX 4,400 ($73.17) price target on the stock.
Reckitt Benckiser Group Plc (LON:RB) opened at 5005.00 on Monday. Reckitt Benckiser Group Plc has a one year low of GBX 4225.00 and a one year high of GBX 5015.00. The stock has a 50-day moving average of GBX 4751.95 and a 200-day moving average of GBX 4654.97. The company’s market cap is £35.971 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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