Reckitt Benckiser Group Plc Given Average Recommendation of “Hold” by Brokerages (LON:RB)
Reckitt Benckiser Group Plc (LON:RB) has received a consensus rating of “Hold” from the twenty-six analysts that are presently covering the company, ARN reports. Five analysts have rated the stock with a sell rating, twelve have assigned a hold rating and nine have issued a buy rating on the company. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is GBX 4,935.71 ($82.80).
Shares of Reckitt Benckiser Group Plc (LON:RB) opened at 5300.00 on Friday. Reckitt Benckiser Group Plc has a one year low of GBX 4225.00 and a one year high of GBX 5350.00. The stock has a 50-day moving average of GBX 5107. and a 200-day moving average of GBX 4971.. The company’s market cap is £38.323 billion.
Several analysts have recently commented on the stock. 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 ($87.23) price target on the stock. Separately, analysts at Canaccord Genuity reiterated a “sell” rating on shares of Reckitt Benckiser Group Plc in a research note on Monday. They now have a GBX 4,500 ($75.49) price target on the stock. Finally, analysts at Sanford C. Bernstein reiterated an “outperform” rating on shares of Reckitt Benckiser Group Plc in a research note on Monday, August 4th. They now have a GBX 5,450 ($91.43) price target on the stock.
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.