Reckitt Benckiser Group Plc’s “Outperform” Rating Reaffirmed at Sanford C. Bernstein (RB)
Reckitt Benckiser Group Plc (LON:RB)‘s stock had its “outperform” rating reiterated by analysts at Sanford C. Bernstein in a research report issued to clients and investors on Monday. They currently have a GBX 5,450 ($92.83) target price on the stock. Sanford C. Bernstein’s price objective points to a potential upside of 6.86% from the stock’s previous close.
Reckitt Benckiser Group Plc (LON:RB) traded up 0.20% on Monday, hitting GBX 5100.00. 1,024,574 shares of the company’s stock traded hands. Reckitt Benckiser Group Plc has a 1-year low of GBX 4225.00 and a 1-year high of GBX 5280.00. The stock’s 50-day moving average is GBX 5099.43 and its 200-day moving average is GBX 4881.49. The company’s market cap is £36.710 billion.
RB has been the subject of a number of other recent research reports. Analysts at RBC Capital reiterated a “sector perform” rating on shares of Reckitt Benckiser Group Plc in a research note on Friday. They now have a GBX 5,200 ($88.57) price target on the stock. Separately, analysts at Credit Suisse reiterated an “outperform” rating on shares of Reckitt Benckiser Group Plc in a research note on Tuesday, June 17th. They now have a GBX 5,200 ($88.57) price target on the stock. Finally, analysts at BNP Paribas raised their price target on shares of Reckitt Benckiser Group Plc from GBX 4,500 ($76.65) to GBX 4,900 ($83.46) in a research note on Monday, June 16th. They now have an “underperform” rating on the stock. Five investment analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and nine have assigned a buy rating to the company. The company has an average rating of “Hold” and an average price target of GBX 4,854.35 ($82.68).
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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