Reckitt Benckiser Group Plc Rating Reiterated by Barclays (RB)
Reckitt Benckiser Group Plc (LON:RB)‘s stock had its “equal weight” rating reiterated by research analysts at Barclays in a report released on Tuesday. They currently have a GBX 5,000 ($82.74) price objective on the stock. Barclays’ target price indicates a potential downside of 5.03% from the company’s current price.
Several other analysts have also 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, August 15th. They now have a GBX 5,200 ($86.05) 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 ($74.47) 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 ($90.19) price target on the stock. Five research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and nine have issued a buy rating to the stock. Reckitt Benckiser Group Plc currently has a consensus rating of “Hold” and an average target price of GBX 4,945.24 ($81.83).
Shares of Reckitt Benckiser Group Plc (LON:RB) opened at 5235.00 on Tuesday. Reckitt Benckiser Group Plc has a 52-week low of GBX 4225.00 and a 52-week high of GBX 5350.00. The stock’s 50-day moving average is GBX 5137.33 and its 200-day moving average is GBX 5004.81. The company’s market cap is £37.853 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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