Reckitt Benckiser Group Plc Stock Rating Reaffirmed by Commerzbank AG (RB)
Reckitt Benckiser Group Plc (LON:RB)‘s stock had its “hold” rating reaffirmed by equities research analysts at Commerzbank AG in a research note issued to investors on Tuesday. They currently have a GBX 4,700 ($80.62) price target on the stock. Commerzbank AG’s price target points to a potential downside of 8.02% from the stock’s previous close.
Other equities research analysts have also recently issued reports about the stock. Analysts at Sanford C. Bernstein reiterated an “outperform” rating on shares of Reckitt Benckiser Group Plc in a research note on Monday, June 30th. They now have a GBX 5,450 ($93.48) price target on the stock. Separately, analysts at RBC Capital reiterated a “sector perform” rating on shares of Reckitt Benckiser Group Plc in a research note on Friday, June 27th. They now have a GBX 5,200 ($89.19) price target on the stock. Finally, 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 ($89.19) price target 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. Reckitt Benckiser Group Plc currently has an average rating of “Hold” and a consensus target price of GBX 4,863.04 ($83.41).
Shares of Reckitt Benckiser Group Plc (LON:RB) opened at 5090.00 on Tuesday. Reckitt Benckiser Group Plc has a 1-year low of GBX 4225.00 and a 1-year high of GBX 5280.00. The stock has a 50-day moving average of GBX 5123.93 and a 200-day moving average of GBX 4899.31. The company’s market cap is £36.638 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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