Reckitt Benckiser Group Plc Rating Reiterated by Nomura (RB)
Reckitt Benckiser Group Plc (LON:RB)‘s stock had its “buy” rating restated by research analysts at Nomura in a report released on Monday, American Banking News reports. They currently have a GBX 5,300 ($89.05) price target on the stock. Nomura’s target price would suggest a potential upside of 6.90% from the company’s current price.
Shares of Reckitt Benckiser Group Plc (LON:RB) opened at 4899.00 on Monday. Reckitt Benckiser Group Plc has a one year low of GBX 4225.00 and a one year high of GBX 5100.00. The stock has a 50-day moving average of GBX 4862.97 and a 200-day moving average of GBX 4774.. The company’s market cap is £35.263 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at HSBC reiterated a “neutral” rating on shares of Reckitt Benckiser Group Plc in a research note on Wednesday, April 23rd. They now have a GBX 5,100 ($85.69) price target on the stock. Separately, analysts at Societe Generale reiterated a “hold” rating on shares of Reckitt Benckiser Group Plc in a research note on Thursday, April 17th. They now have a GBX 4,750 ($79.81) 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 Thursday, April 17th. Six equities research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and nine have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus price target of GBX 4,808.70 ($80.79).
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.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.