Reckitt Benckiser Group Plc Stock Rating Reaffirmed by Sanford C. Bernstein (RB)
Reckitt Benckiser Group Plc (LON:RB)‘s stock had its “outperform” rating restated by equities researchers at Sanford C. Bernstein in a research report issued on Monday, AnalystRatings.NET reports. They currently have a GBX 5,450 ($90.35) target price on the stock. Sanford C. Bernstein’s price target indicates a potential upside of 12.58% from the company’s current price.
A number of other analysts have also recently weighed in on RB. Analysts at Credit Suisse reiterated an “outperform” rating on shares of Reckitt Benckiser Group Plc in a research note on Thursday. They now have a GBX 5,200 ($86.21) price target on the stock. Separately, analysts at Citigroup Inc. reiterated a “buy” rating on shares of Reckitt Benckiser Group Plc in a research note on Thursday. They now have a GBX 5,400 ($89.52) price target on the stock. Finally, analysts at Nomura raised their price target on shares of Reckitt Benckiser Group Plc from GBX 5,000 ($82.89) to GBX 5,200 ($86.21) in a research note on Friday, March 28th. They now have a “buy” rating on the stock. Six analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and nine have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of GBX 4,754 ($78.81).
Reckitt Benckiser Group Plc (LON:RB) opened at 4807.00 on Monday. Reckitt Benckiser Group Plc has a 52-week low of GBX 4225.00 and a 52-week high of GBX 5100.00. The stock has a 50-day moving average of GBX 4899.60 and a 200-day moving average of GBX 4738.66. The company’s market cap is £34.548 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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