Reckitt Benckiser Group Plc Given Sector Performer Rating at RBC Capital (RB)
Reckitt Benckiser Group Plc (LON:RB)‘s stock had its “sector performer” rating reaffirmed by equities research analysts at RBC Capital in a research note issued to investors on Monday. They currently have a GBX 5,200 ($88.30) price objective on the stock. RBC Capital’s target price would indicate a potential downside of 0.10% from the company’s current price.
Reckitt Benckiser Group Plc (LON:RB) traded up 2.66% on Monday, hitting GBX 5205.00. The stock had a trading volume of 1,370,921 shares. Reckitt Benckiser Group Plc has a one year low of GBX 3235.75 and a one year high of GBX 5280.00. The stock’s 50-day moving average is GBX 5110.10 and its 200-day moving average is GBX 4930.89. The company’s market cap is £37.466 billion.
Several other analysts have also recently commented on the stock. Analysts at Canaccord Genuity raised their price target on shares of Reckitt Benckiser Group Plc from GBX 4,100 ($69.62) to GBX 4,500 ($76.41) in a research note on Monday. They now have a “sell” rating on the stock. Separately, analysts at Nomura reiterated a “buy” rating on shares of Reckitt Benckiser Group Plc in a research note on Monday. Finally, analysts at Societe Generale reiterated a “hold” rating on shares of Reckitt Benckiser Group Plc in a research note on Friday. They now have a GBX 4,750 ($80.66) price target on the stock. Five research analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and nine have given a buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of GBX 4,920.45 ($83.55).
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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