Reckitt Benckiser Group Plc Given Outperform Rating at Credit Suisse (RB)
Reckitt Benckiser Group Plc (LON:RB)‘s stock had its “outperform” rating reiterated by Credit Suisse in a research note issued on Monday. They currently have a GBX 5,200 ($89.03) target price on the stock. Credit Suisse’s price objective would indicate a potential upside of 2.56% from the company’s current price.
A number of other analysts have also recently weighed in on RB. Analysts at Deutsche Bank reiterated a “buy” rating on shares of Reckitt Benckiser Group Plc in a research note on Wednesday, July 9th. They now have a GBX 6,000 ($102.72) price target on the stock. Separately, analysts at Nomura reiterated a “buy” rating on shares of Reckitt Benckiser Group Plc in a research note on Wednesday, July 9th. They now have a GBX 5,300 ($90.74) price target on the stock. Finally, analysts at Commerzbank AG reiterated a “hold” rating on shares of Reckitt Benckiser Group Plc in a research note on Tuesday, July 8th. They now have a GBX 4,700 ($80.47) price target on the stock. Five equities research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and nine have assigned a buy rating to the company. Reckitt Benckiser Group Plc currently has a consensus rating of “Hold” and an average target price of GBX 4,863.04 ($83.26).
Shares of Reckitt Benckiser Group Plc (LON:RB) traded up 1.40% on Monday, hitting GBX 5070.00. 761,657 shares of the company’s stock traded hands. Reckitt Benckiser Group Plc has a one year low of GBX 4225.00 and a one year high of GBX 5280.00. The stock has a 50-day moving average of GBX 5116.37 and a 200-day moving average of GBX 4909.. The company’s market cap is £36.494 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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