Reckitt Benckiser Group Plc’s Buy Rating Reaffirmed at Goldman Sachs (RB)
Shares of Reckitt Benckiser Group Plc (LON:RB) traded up 0.29% during mid-day trading on Tuesday, hitting GBX 5220.00. 1,053,723 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 5113.08 and its 200-day moving average is GBX 4934.91. The company’s market cap is £37.574 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at Deutsche Bank reiterated a “buy” rating on shares of Reckitt Benckiser Group Plc in a research note on Monday. They now have a GBX 6,000 ($101.88) price target on the stock. Separately, analysts at RBC Capital reiterated a “sector performer” rating on shares of Reckitt Benckiser Group Plc in a research note on Monday. They now have a GBX 5,200 ($88.30) price target on the stock. Finally, 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. Five research analysts have rated the stock with a sell rating, fourteen have given a hold rating and nine have assigned a buy rating to the company’s stock. Reckitt Benckiser Group Plc has a consensus rating of “Hold” and an average target price of GBX 4,915.91 ($83.48).
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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