Reckitt Benckiser Group Plc Given Consensus Recommendation of “Hold” by Brokerages (LON:RB)
Reckitt Benckiser Group Plc (LON:RB) has received a consensus recommendation of “Hold” from the twenty-six ratings firms that are currently covering the company, Stock Ratings Network.com reports. Five analysts have rated the stock with a sell rating, twelve have given a hold rating and nine have assigned a buy rating to the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is GBX 4,935.71 ($82.51).
RB has been the subject of a number of recent research reports. 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 ($86.93) 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, August 11th. They now have a GBX 4,500 ($75.23) 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 ($91.11) price target on the stock.
Shares of Reckitt Benckiser Group Plc (LON:RB) opened at 5255.00 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 5118.31 and a 200-day moving average of GBX 4982.72. The company’s market cap is £37.998 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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